Northland named SoundHound as “a top pick for 2024,” stating that conversational AI is gaining momentum, aided by genAI initiatives, and that SoundHound has “deep organic technology and orchestration capabilities.” The firm, which likes their focus on the restaurant vertical given the view that such focus permits further automations and ROI to customers, keeps an Outperform rating and $4 price target on SoundHound shares.
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