Perficient, Inc. (PRFT) Tops Q2 EPS by 1c, Offers Guidance

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Perficient (PRFT) PT Lowered to $120 at Needham & Company

August 4, 2022 1:46 PM EDT

Needham & Company analyst Mayank Tandon lowered the price target on Perficient (NASDAQ: PRFT) to $120.00 (from $145.00) while maintaining a Buy rating following earnings.

The analyst commented, "PRFT posted mixed 2Q22 results as certain project cancellations and delays weighed on revenue, though this was offset... More