These Analysts Cut Their Forecasts On Verint Systems Following Weak Q2 Results
Portfolio Pulse from Lisa Levin
Verint Systems Inc. (NASDAQ:VRNT) reported weaker-than-expected Q2 results, with earnings of 48 cents per share and sales of $210.41 million, both below market expectations. Following the announcement, Verint shares dipped 16.8% in pre-market trading. Several analysts, including those from Needham, RBC Capital, Evercore ISI Group, and Oppenheimer, adjusted their price targets and ratings for Verint.
September 07, 2023 | 12:44 pm
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Verint Systems reported disappointing Q2 results, leading to a drop in share price and adjustments in analyst ratings and price targets. This could potentially impact the company's short-term stock performance.
Verint Systems' weaker-than-expected Q2 results have led to a significant drop in its share price. Additionally, several analysts have adjusted their price targets and ratings for the company, which could further influence investor sentiment and the company's stock performance in the short term.
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