UBS upgraded Veritone (VERI) to Neutral from Sell with a $3.50 price target Veritone shares trade at 2.5-times estimated 2025 revenue and there is limited visibility into the revenue generation of the Hiring Solutions part of the business and a slow rise to profitability, the analyst tells investors in a research 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 VERI: