Roth MKM Downgrades Veritone to Sell, Lowers Price Target to $2
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Darren Aftahi has downgraded Veritone (NASDAQ:VERI) from Neutral to Sell and lowered the price target from $3.5 to $2.
August 09, 2023 | 9:08 am
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NEGATIVE IMPACT
Veritone's rating has been downgraded from Neutral to Sell by Roth MKM, with a lowered price target from $3.5 to $2.
The downgrade from Neutral to Sell by Roth MKM indicates a negative outlook for Veritone. The lowered price target from $3.5 to $2 further suggests that the analyst believes the stock is overvalued at current levels. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100