Lake Street raised the firm’s price target on Perion Network (PERI) to $13 from $10.50 and keeps a Buy rating on the shares after Q1 results came in ahead of estimates and the company upped its 2025 outlook. The firm cites a raised forecast and the potential growth accelerant provided by Greenbids, which it calls “a state-of-the-art ad tech company” that Perion acquired.
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