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Fly News Breaks for May 21, 2019
VRNT
May 21, 2019 | 07:12 EDT
Wedbush analyst Daniel Ives raised his price target for Verint to $70 from $63 given his increased confidence in the company's ability to hit its long-term targets and continued visibility. The analyst notes that he has been hearing at Verint's user Conference that the Customer engagement hybrid cloud portfolio success coupled with the continued laser focus on the SMB market is leading to improved deal flow as well as pipeline growth. He reiterates an Outperform rating on the shares.
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