Perficient (PRFT) Tops Q1 EPS by 1c

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Needham & Company Raises Price Target on Perficient, Inc. (PRFT) Following a Solid 1Q

May 5, 2016 3:17 PM EDT

Needham & Company reiterated a Buy rating on Perficient (NASDAQ: PRFT), and raised the price target to $25.00 (from $24.00), following the company's 1Q earnings report. PRFT reported 1Q revenue of $123.8 million, above the consensus estimate of $122.9 million. The company's $0.29 in EPS was a penny above the Street. Management introduced... More