Perfect Corp.

Piper Sandler analyst Clarke Jeffries reiterates Perfect (NYSE:PERF) with a Neutral and maintains $6 price target.

Perfect (NYSE:PERF) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.02) by 130 percent. The company reported quarterly sales of $12.10 million which beat the analyst consensus estimate of $11.79 million by 2.63 percent.

Oppenheimer analyst Brian Schwartz downgrades Perfect (NYSE:PERF) from Outperform to Perform.

U.S. stocks traded slightly lower this morning. The Federal Reserve is scheduled to conclude a two-day policy meeting today, with markets expecting a 25 basis-point rate hike. Following the market opening Wednesday, the Dow traded down 0.04% to 32,548.45 while the NASDAQ fell 0.06% to 11,852.83. The S&P 500, also fell, dropping, 0.05% to 4,000.96.

Piper Sandler analyst Clarke Jeffries maintains Perfect (NYSE:PERF) with a Neutral and lowers the price target from $7 to $6.

Companies Reporting Before The Bell • Cohen & Co (AMEX:COHN) is likely to report earnings for its fourth quarter. • Xtant Medical Holdings (AMEX:XTNT) is expected to report earnings for its fourth quarter.