RBC Capital Maintains Outperform on Verint Systems, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Dan Bergstrom has maintained an Outperform rating on Verint Systems (NASDAQ:VRNT) but has reduced the price target from $38 to $36.
December 07, 2023 | 5:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Verint Systems' Outperform rating is maintained by RBC Capital, though the price target has been lowered from $38 to $36, indicating a potential upside but with moderated expectations.
The maintenance of an Outperform rating suggests that RBC Capital still sees Verint Systems as a stock likely to perform well. However, the reduction in the price target could imply a more cautious outlook on the company's growth prospects or market conditions, which may temper investor expectations in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100