Verint Systems (VRNT) : 6 analysts are covering Verint Systems (VRNT) and their average rating on the stock is 1.33, which is read as a Strong Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Verint Systems (VRNT) : 6 investment research analysts covering Verint Systems (VRNT) have an average price target of $46.33 for the near short term. The highest target price given by the Brokerage Firm to the stock is $53 and the lowest target is $37 for the short term. Analysts expect the variance to be within $6.12 of the average price.
Also, Equity Analysts at the JP Morgan maintains the rating on Verint Systems (NASDAQ:VRNT). The brokerage firm has issued a Overweight rating on the shares. The Analysts at the ratings agency raises the price target from $43 per share to $44 per share. The rating by the firm was issued on September 8, 2016.
Verint Systems (NASDAQ:VRNT): After opening at $36.9, the stock dipped to an intraday low of $36.9 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38 and the buying power remained strong till the end. The stock closed at $37.46 for the day, a gain of 0.89% for the day session. The total traded volume was 737,663. The stocks close on the previous trading day was $37.13.
Verint Systems Inc. is a company engaged in Actionable Intelligence solutions. The Companys Actionable Intelligence solutions address: Customer Engagement Optimization; Security Intelligence; and Fraud, Risk and Compliance. The Company offers services, such as strategic consulting, implementation services, training, maintenance and 24 x 7 support, as well as deployment models, including on premises, hosted, managed services and software as a service (SaaS). The Company has three operating segments. The Company addresses the Customer Engagement Optimization market opportunity through solutions from its Enterprise Intelligence Solution segment. It addresses the Security Intelligence market opportunity through solutions from its Communications and Cyber Intelligence Solutions, and Video and Situation Intelligence Solutions, and it addresses the Fraud, Risk and Compliance market opportunity through solutions from all the three operating segments.