DA Davidson Maintains Buy on SoundHound AI, Raises Price Target to $9.5
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria has maintained a Buy rating on SoundHound AI (NASDAQ:SOUN) and increased the price target from $7.5 to $9.5.
March 15, 2024 | 1:39 pm
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DA Davidson analyst Gil Luria has reaffirmed a Buy rating on SoundHound AI and raised the price target from $7.5 to $9.5.
The increase in the price target by DA Davidson reflects a positive outlook on SoundHound AI's future performance. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100