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Stock impact report

Perion Network: Turnaround Play At Rock Bottom Valuation - Buy (Rating Upgrade) [Seeking Alpha]

Perion Network Ltd - Ordinary Shares (PERI) 
Last perion network ltd - ordinary shares earnings: 2/12 02:30 am Check Earnings Report
US:NASDAQ Investor Relations: perion.com/ir-info
Company Research Source: Seeking Alpha
Despite persistent search advertising headwinds, a number of segments continue to exhibit decent growth. In addition, the company's new Perion One strategy is showing early signs of success. With the vast majority of Perion Network's market capitalization covered by the company's substantial cash reserves, the advertising business is currently valued at below 1x EV/Adjusted EBITDA. Should the company manage to build on the better-than-expected start to 2025, market participants are likely to rerate the stock in the not-too-distant future. Consequently, I am upgrading my rating on the shares from "Hold" to "Buy". Looking for a helping hand in the market? Members of Value Investor's Edge get exclusive ideas and guidance to navigate any climate. Learn More » Boy Wirat Note: I have covered Perion Network Ltd. or "Perion" ( NASDAQ: PERI ) previously, so investors should view this as an update to my earlier articles on the company. Last year, the impressive growth story of Show less Read more
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