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Zacks Investment Research upgraded Perficient, Inc. (NASDAQ:PRFT) to Hold in a report released today.

Zacks Investment Research has upgraded Perficient, Inc. (NASDAQ:PRFT) to Hold in a report released on Thursday October 06, 2016.

Yesterday Perficient, Inc. (NASDAQ:PRFT) traded -1.71% lower at $19.87. The company’s 50-day moving average is $19.97 and its 200-day moving average is $20.63. The last closing price is down -5.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 123,315 shares of the stock were exchanged, down from an average trading volume of 137,037

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Perficient, Inc. (NASDAQ:PRFT)

Perficient, Inc. has a 52 week low of $15.46 and a 52 week high of $22.66 with a P/E ratio of 26.11 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 4 brokers have issued a report on the stock. The consensus target price is $25.25 with 1 broker rating the stock a strong buy, 3 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Perficient, Inc. (NASDAQ:PRFT)

Perficient, Inc. is an information technology and management consulting firm. The Company designs, builds and delivers business-driven technology solutions using third-party software products. Its solutions include big data and analytics, technology platform implementations, commerce, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, content management (CM), business process management (BPM), and customer relationship management (CRM), among others. It provides services primarily to the healthcare (including pharma and life sciences), financial services (including banking and insurance), retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, energy and utilities, business services, and leisure, and media and entertainment markets, among others.

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