Wedbush Maintains Outperform on Verint Systems, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Verint Systems (NASDAQ:VRNT) but lowered the price target from $45 to $35.
September 07, 2023 | 1:14 pm
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NEGATIVE IMPACT
Verint Systems' price target has been lowered from $45 to $35 by Wedbush, though the Outperform rating is maintained.
The lowering of the price target by Wedbush indicates a potential decrease in the short-term value of Verint Systems' stock. However, the maintained Outperform rating suggests that the stock is still expected to outperform the market or its sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100