Jefferies analyst Samad Samana lowered the firm’s price target on Verint to $25 from $40 and keeps a Hold rating on the shares after the company reported quarterly results. As a result of the firm’s reduced top line estimates in 2024 and 2025, Jefferies is lowering its price target, which implies 9x its FY25 EPS estimate.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VRNT:
- Verint Stock (NASDAQ:VRNT) Tanks 19% Following Weak Q2 Results; Rating Downgrades
- Dell downgraded to Sell, McDonald’s upgraded: Wall Street’s top analyst calls
- Verint price target lowered to $40 from $50 at Needham
- Verint downgraded to In Line at Evercore ISI after ‘lackluster quarter’
- Oppenheimer downgrades Verint to Perform on deteriorating growth, Q4 guide