Top 8 AI News Updates on Wall Street’s Radar

7. Verint Systems Inc. (NASDAQ:VRNT)

Number of Hedge Fund Followers: 24

Verint Systems Inc. (NASDAQ:VRNT) is a technology company focusing on customer experience automation. The company’s offerings help clients enhance customer engagement and experiences across various channels, including contact centers, web, mobile, and back offices.

On March 28th, Wedbush analysts lowered Verint Systems Inc.’s (NASDAQ:VRNT) stock target price to $30 per share from $38 but retained an “Outperform” rating. The brokerage highlighted the company’s Q4 earnings missed both the top and bottom lines because of the timing of unbundled SaaS revenue renewals. However, the analysts believe that Verint Systems Inc. (NASDAQ:VRNT) remains well-positioned within the CX space as it capitalizes on its current demand pipeline while further embedding AI capabilities into its CX platform.