Perficient Reports Fourth Quarter and Full-Year 2015 Results

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Needham & Company Raised Price Target on Perficient, Inc. (PRFT) Following Strong 4Q and Positive Outlook

March 3, 2016 3:29 PM EST

Needham & Company reiterated a Buy rating on Perficient (NASDAQ: PRFT), and raised the price target to $24.00 (from $21.00), following the company's 4Q earnings report. PRFT reported revenue of $133.7 million, in line with managements pre-announcement of $131.5-134.5 million from earlier this year. $0.37 in EPS is a penny... More