Perficient Reports Third Quarter 2022 Results

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Perficient (PRFT) PT Lowered to $95 at Needham & Company

October 27, 2022 1:28 PM EDT

Needham & Company analyst Mayank Tandon lowered the price target on Perficient (NASDAQ: PRFT) to $95.00 (from $120.00) while maintaining a Buy rating.

The analyst commented, "PRFT posted mixed 3Q22 results as select project cancellations and delays weighed on revenue, though this was offset by... More