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fastrack1

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fastrack1

Re: None

Thursday, 12/03/2015 1:20:06 PM

Thursday, December 03, 2015 1:20:06 PM

Post# of 203
On Tuesday, Perion Network Ltd
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
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