Perion shares slide after ad tech group slashes revenue guidance

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Perion Network Ltd. (PERI) PT Lowered to $9 at Roth/MKM

June 11, 2024 8:11 AM EDT

Roth/MKM analyst Jeff Martin lowered the price target on Perion Network Ltd. (NASDAQ: PERI) to $9.00 (from $13.00) while maintaining a Neutral rating.

The analyst comments "We maintain our Neutral rating on negative business momentum and dramatic shift in the business model given the... More

Needham Downgrades Perion Network Ltd. (PERI) to Hold

June 10, 2024 1:14 PM EDT

Needham analyst Laura Martin downgraded Perion Network Ltd. (NASDAQ: PERI) from Buy to Hold.

The analyst comments "This morning, PERI announced that it had been notified of Microsoft Bing's decision to exclude a number of publishers from its search distribution... More

Microsoft (MSFT) a 'set of high-quality franchises' well positioned to grow - New Street Research

June 10, 2024 12:19 PM EDT

Microsoft (NASDAQ: MSFT) was initiated with a Buy rating and $570 price target at New Street Research in a note Monday, with the firm saying the company is well-positioned.

Specifically, New Street labeled Microsoft a "set of high-quality franchises, well positioned to... More