Needham Maintains Buy on Verint Systems, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has maintained a 'Buy' rating on Verint Systems (NASDAQ:VRNT) but lowered the price target from $50 to $40.
September 07, 2023 | 10:56 am
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Verint Systems' price target has been lowered from $50 to $40 by Needham, though the 'Buy' rating is maintained.
The news directly pertains to Verint Systems as the company's price target has been lowered by Needham. However, the 'Buy' rating is maintained which indicates that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100