RBC Capital analyst Dan Bergstrom keeps an Outperform rating and $36 price target on Verint after its Q1 earnings beat while noting that the quarter marked a “good start to the year”. The company’s recently introduced open platform continues to resonate with customers as they look for AI-driven business outcomes that generate significant return on investment, the analyst tells investors in a research note. The firm adds that it is positive on the continued strong demand trends and leading indicators for Verint, with its guidance moving slightly higher for the year.
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