Perfect Corp. downgraded to Perform from Outperform at Oppenheimer

Oppenheimer analyst Brian Schwartz downgraded Perfect Corp. to Perform from Outperform and removed the firm’s prior $9 price target. The firm thinks decelerating consumer demand, a lack of financial guidance, and technical issues will continue weighing on near-term fundamentals and sentiment, adding that it sees durability questions "since the platform doesn’t hold aggregated consumer data nor provide insights on customer acquisition through the transaction."