Wedbush Reiterates Outperform on SoundHound AI, Maintains $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives reiterates an Outperform rating on SoundHound AI (NASDAQ:SOUN) and maintains a $9 price target.

May 10, 2024 | 2:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wedbush analyst Daniel Ives reaffirmed an Outperform rating on SoundHound AI, with a steady price target of $9, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a reputable analyst like Daniel Ives suggests a strong conviction in the company's future performance. Maintaining a $9 price target indicates a belief in the stock's potential to grow, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100