Needham Downgrades Perion Network To Hold

Needham downgraded Perion Network

from Buy to Hold and removed the price target of $15.00. Perion Network shares have dropped 40.11% over the past 52 weeks, while the S&P 500 index has gained 13.56% in the same period. Perion Network's shares declined 0.54% to $7.41 in pre-market trading.