Scotiabank analyst Divya Goyal lowered the firm’s price target on Perficient to $65 from $70 and keeps a Sector Perform rating on the shares. The analyst views the company’s Q4 report as “disappointing” and says the softer than anticipated outlook is indicative of sustained weakness across its business.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PRFT: