Jefferies lowered the firm’s price target on Verint to $28 from $32 and keeps a Hold rating on the shares. Verint missed on total revenue and EPS in “a tough quarter” as an unbundled SaaS deal was pushed out, but management did reaffirm the FY25 targets for revenue and EPS and affirmed that the results were not impacted by macro or AI disruption, the analyst tells investors in a post-Q2 note.
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