Evercore ISI lowered the firm’s price target on Verint (VRNT) to $23 from $34 and keeps an In Line rating on the shares after the company reported “mixed” Q4 results. Revenue guidance, which came with a wider range to account for potential mix shifts, may not be “fully de-risked,” the analyst tells investors in a post-earnings note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VRNT:
- Verint price target lowered to $29 from $36 at RBC Capital
- Buy Rating Reaffirmed for Verint Systems Despite Earnings Miss Due to Delayed Deals
- Optimistic Buy Rating for Verint Systems Amidst AI-Driven Growth and Strong Financials
- Verint Systems Reports Strong AI-Driven Growth
- Closing Bell Movers: Stock futures, Big Three automakers fall on auto tariffs