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Fly News Breaks for April 26, 2018
VERI
Apr 26, 2018 | 06:19 EDT
DA Davidson analyst Thomas Diffely initiated Veritone with a Buy rating and a price target of $25, saying the company is positioned as a "unique pure-play" in the "exploding" AI market. The analyst expects the spending on AI hardware and software to expand from and estimated $12B in 2017 to $58B by 2020. Diffely further contends that while the company is still in the heavy investment phase and expenses meaningfully outpace revenues, his bullish view on the future of AI anticipates annualized sales growth of as much as 50% over the next 5 years.
News For VERI From the Last 2 Days
VERI
Apr 23, 2024 | 08:46 EDT
Latest data shows the largest indicative borrow rate increases among liquid option names include: Luminar Technologies (LAZR) 21.68% +6.44, Mesoblast (MESO) 145.03% +2.00, iShares S&P National AMT Free Municipal Bond Fund (MUB) 19.65% +1.21, Stellantis NV (STLA) 1.41% +0.98, Veritone (VERI) 40.08% +0.46, ALTC Acquistion Corp (ALCC) 6.05% +0.44, US Global Jets ETF (JETS) 7.23% +0.36, Nokia (NOK) 3.33% +0.27, Annovis Bio Inc (ANVS) 91.57% +0.16, and Coca Cola (KO) 0.41% +0.16.
