UPDATE: Benchmark Company Reiterates on Perion Network Ltd. Following Announcement of Conduit Merger

In a report published Tuesday, Benchmark Company analyst Daniel L. Kurnos reiterated a Buy rating on Perion Network Ltd. (NASDAQ: PERI ), and raised the price target from $16.00 to $19.00. In the report, Benchmark Company noted, “Yesterday, Perion (PERI-Buy, PT from $16 to $19) announced it had entered into