Thursday, December 03, 2015 1:20:06 PM
PERI 7.14% announced a surprising acquisition: the company paid $180 million for ad-tech firm Undertone.
In a report issued Wednesday, Benchmark analyst Daniel L. Kurnos said the purchase “adds quality, legitimacy, stability and diversity” to Perion.
The analyst reiterated a Buy rating and $6 price target on the stock. Shares were trading around $2.72 on Wednesday, up more than 13 percent.
Read more: http://www.benzinga.com/analyst-ratings/analyst-color/15/12/6016743/analyst-perion-shares-more-compelling-following-shocking#ixzz3tHc7ZTEY
Recent PERI News
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/26/2024 08:05:10 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/05/2024 10:09:33 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/02/2024 10:08:36 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/31/2024 11:15:23 AM
- Perion Reports Second Quarter 2024 Results • Business Wire • 07/31/2024 11:15:00 AM
- Perion Network to Announce Second Quarter 2024 Financial Results on July 31, 2024 • Business Wire • 07/09/2024 11:47:00 AM
- Perion Network Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - PERI • PR Newswire (US) • 06/17/2024 09:45:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 06/10/2024 11:02:07 AM
- Perion Network Updates Q2 and Full Year 2024 Guidance • Business Wire • 06/10/2024 11:00:00 AM
- Investors who lost money on Perion Network Ltd.(PERI) should contact The Gross Law Firm about pending Class Action - PERI • PR Newswire (US) • 06/10/2024 09:45:00 AM
- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of June 17, 2024 in Perion Network Lawsuit - PERI • PR Newswire (US) • 06/05/2024 09:45:00 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/29/2024 12:48:08 PM
- Perion Network Ltd. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 17, 2024 to Discuss Your Rights - PERI • PR Newswire (US) • 05/29/2024 09:45:00 AM
- Perion Network Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm Before June 17, 2024 to Discuss Your Rights - PERI • PR Newswire (US) • 05/21/2024 09:45:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/15/2024 11:35:11 AM
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- Contact The Gross Law Firm by June 17, 2024 Deadline to Join Class Action Against Perion Network Ltd.(PERI) • PR Newswire (US) • 05/14/2024 09:45:00 AM
- Perion Network Ltd. Securities Fraud Class Action Lawsuit Pending: Contact The Gross Law Firm Before June 17, 2024 to Discuss Your Rights - PERI • PR Newswire (US) • 05/10/2024 09:45:00 AM
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- Perion Reports First Quarter 2024 Results; YoY Revenue Growth of 9% • Business Wire • 05/08/2024 10:15:00 AM
- Investors in Perion Network Ltd. Should Contact The Gross Law Firm Before June 17, 2024 to Discuss Your Rights - PERI • PR Newswire (US) • 05/07/2024 09:50:00 AM
- The Gross Law Firm Notifies Perion Network Ltd. Investors of a Class Action Lawsuit and Upcoming Deadline - PERI • PR Newswire (US) • 05/03/2024 09:45:00 AM
- June 17, 2024 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against PERI • PR Newswire (US) • 04/26/2024 09:45:00 AM
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