HC Wainwright & Co. Reiterates Buy on SoundHound AI, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
HC Wainwright & Co. analyst Scott Buck has reiterated a Buy rating on SoundHound AI (NASDAQ:SOUN), maintaining a $7 price target.

May 13, 2024 | 10:22 am
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POSITIVE IMPACT
SoundHound AI's stock rating was reiterated as Buy by HC Wainwright & Co. with a price target of $7, indicating a positive outlook on the stock.
The reiteration of a Buy rating and a specific price target by a reputable analyst can lead to increased investor confidence and potentially drive the stock price up in the short term. Given the direct mention and the nature of the recommendation, this news is highly relevant and important for investors in SOUN, with a high level of confidence in the analysis due to the clear and direct impact of analyst ratings on stock performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100