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

August 09, 2024 | 2:20 pm
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Wedbush analyst Daniel Ives has reiterated an Outperform rating on SoundHound AI and maintained a $9 price target, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and the maintenance of a $9 price target by a reputable analyst like Daniel Ives from Wedbush suggests strong confidence in SoundHound AI's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100