Performant Financial Corp. Price Target Lowered to $14.00 at Compass Point (PFMT)
Compass Point dropped their price target on shares of Performant Financial Corp. (NASDAQ:PFMT) from $15.00 to $14.00 in a research note issued on Friday, AnalystRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Compass Point’s price target would indicate a potential upside of 41.70% from the stock’s previous close.
Separately, analysts at TheStreet initiated coverage on shares of Performant Financial Corp. (NASDAQ:PFMT) in a research note to investors on Thursday, September 12th. They set a “hold” rating on the stock.
Performant Financial Corp. (NASDAQ:PFMT) traded up 2.81% on Friday, hitting $9.88. The stock had a trading volume of 291,303 shares. Performant Financial Corp. has a 52-week low of $7.55 and a 52-week high of $14.09. The stock has a 50-day moving average of $10.80 and a 200-day moving average of $11.10. The company has a market cap of $473.8 million and a P/E ratio of 18.55.
Performant Financial Corporation (NASDAQ:PFMT) provide technology-enabled recovery and related analytics services in the United States.
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