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VRNT - Verint Systems Inc News Story

$46.44 0.0  0.0%

Last Trade - 10/05/21

Sector
Technology
Size
Mid Cap
Market Cap £2.16bn
Enterprise Value £2.37bn
Revenue £902.1m
Position in Universe 1852nd / 6853

BUZZ-Verint Systems: Jumps as brokerages hike PT after Q2 beat

Thu 10th September, 2020 5:45pm
** Shares of data analytics firm  VRNT.O  up 7.8% at $52.1,
best day in nearly 3 months
    ** At least 4 brokerages raise PTs after VRNT beats Q2 rev,
profit estimates on cloud business strength  urn:newsml:reuters.com:*:nBw7cDBW3a
    ** Needham raises PT to Street high of $64 from $53
    ** VRNT expects adj. sales to improve sequentially in Q3 and
Q4
    ** Current avg rating on stock is "buy" and median PT is $60
- Refinitiv data
    ** Stock up ~8% so far this year

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))
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