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Perfect Corp. take private bid undervalues long-term growth, says Noble Capital

Noble Capital analyst Patrick McCann is maintaining the firm’s Outperform rating and $5 price target on Perfect Corp. (PERF) shares after the company announced its receipt of a preliminary, non-binding proposal from a consortium led by CEO Alice H. Chang and CyberLink to take the company private at $1.95 per share, reflecting the firm’s view of the company’s standalone value and long-term growth potential.

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