Cantor Fitzgerald Upgrades SoundHound AI to Overweight, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has upgraded SoundHound AI (NASDAQ:SOUN) from Neutral to Overweight and raised the price target from $5 to $7.
August 09, 2024 | 10:37 am
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POSITIVE IMPACT
Cantor Fitzgerald has upgraded SoundHound AI from Neutral to Overweight and increased the price target from $5 to $7.
The upgrade from Neutral to Overweight and the increase in price target from $5 to $7 by Cantor Fitzgerald is likely to positively impact SoundHound AI's stock price in the short term as it reflects increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100