TD Cowen Maintains Outperform on Verint Systems, Lowers Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Shaul Eyal maintains an 'Outperform' rating on Verint Systems (NASDAQ:VRNT) but has lowered the price target from $50 to $40.
September 07, 2023 | 4:21 pm
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TD Cowen analyst maintains an 'Outperform' rating on Verint Systems but lowers the price target from $50 to $40.
The news is directly related to Verint Systems. The 'Outperform' rating suggests that the analyst expects the company to do better than the market average. However, the lowering of the price target may indicate a potential downside, which could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100