Cantor Fitzgerald Maintains Overweight on SoundHound AI, Raises Price Target to $6.2
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Brett Knoblauch maintains an Overweight rating on SoundHound AI (NASDAQ:SOUN) and raises the price target from $2.8 to $6.2.
June 22, 2023 | 9:31 am
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Cantor Fitzgerald maintains an Overweight rating on SoundHound AI and raises the price target from $2.8 to $6.2.
The news of Cantor Fitzgerald maintaining an Overweight rating on SoundHound AI and raising the price target from $2.8 to $6.2 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. The relevance and importance of this news are high for investors, as it directly impacts the stock's valuation and potential returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100