Barrington Downgrades Perceptron (PRCP) Following Q1 Miss
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Shares of Perceptron (Nasdaq: PRCP) are down about 1% today following a Q1 miss reported last night after the market closed. The stock most recently traded at $3.50.
Responding to the results, an analyst at Barrington Research downgraded the stock this morning, something that is also likely weighing on shares. The firm moved its investment rating from Outperform to Market Perform and also dropped its $6 price target.
To see all the analyst comments on Perceptron following the quarterly results, visit our Analyst Ratings page.
Perceptron, Inc., together with its subsidiaries, engages in the design, development, manufacture, and marketing of information-based measurement and inspection solutions for process improvements primarily for the automotive industry.
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