In a report released today, Daniel Ives from Wedbush maintained a Buy rating on Verint Systems (VRNT), with a price target of $55.00. The company’s shares closed last Tuesday at $43.00.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 1.7% and a 52.0% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Slack Technologies, and Uber Technologies.
Verint Systems has an analyst consensus of Strong Buy, with a price target consensus of $55.25, implying a 28.8% upside from current levels. In a report issued on March 20, Goldman Sachs also maintained a Buy rating on the stock with a $49.00 price target.
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Verint Systems’ market cap is currently $2.87B and has a P/E ratio of 56.30. The company has a Price to Book ratio of -8.52.
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Verint Systems, Inc. engages in providing actionable intelligence. It operates through the following segments: Enterprise Intelligence Solutions, Cyber Intelligence Solutions, and Video and Situation Intelligence Solutions. The Enterprise Intelligence segment includes solutions for customer analytics, engagement management, and workforce optimization. The Cyber Intelligence Solutions segment addresses the security intelligence market. The Video and Situation Intelligence Solutions segment handles the fraud, risk, and compliance market. The company was founded in February 1994 and is headquartered in Melville, NY.
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