Performant Healthcare downgraded to Hold from Buy at Craig-Hallum

Written by Emily J. Thompson, Senior Investment Analyst

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Updated: Aug 04 2025

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Downgrade Announcement: Craig-Hallum has downgraded Performant Healthcare from Buy to Hold with a price target of $7.75 following its acquisition agreement with Machinify for $670 million.
Acquisition Details: The acquisition deal values Performant Healthcare at $7.75 per share.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Performant Healthcare downgraded to Hold from Buy at Craig-Hallum

About the author

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