Perficient, Inc. (PRFT) Reports In-Line Q3 EPS, Miss on Revenues; Offers FY17 EPS/Revenue Guidance Below Estimates

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Go back to Perficient, Inc. (PRFT) Reports In-Line Q3 EPS, Miss on Revenues; Offers FY17 EPS/Revenue Guidance Below Estimates

Perficient (PRFT) PT Raised to $23 at Needham & Company Following Mixed 3Q

November 2, 2017 2:09 PM EDT

Needham & Company raised its price target on Perficient (NASDAQ: PRFT) to $23.00 (from $21.00) while maintaining a Buy rating following the company's 3Q earnings report. PRFT reported 3Q revenue of $123.7 million, up 5.7% Q/Q and 3.8% Y/Y, below consensus of $127.2 million on account of lower than estimated... More

Perficient (PRFT) PT Raised to $22 at Maxim Group

November 2, 2017 12:35 PM EDT

Maxim Group raised its price target on Perficient (NASDAQ: PRFT) to $22.00 (from $20.00) while maintaining a Buy rating following results.

Analyst Brian Kinstlinger notes the target hikes comes on 2019 projections and notes they expect a return to organic growth in 2018.

... More