There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SoundHound AI, Inc Class A (SOUN – Research Report) and ACI Worldwide (ACIW – Research Report) with bullish sentiments.
SoundHound AI, Inc Class A (SOUN)
In a report released today, Daniel Ives from Wedbush maintained a Buy rating on SoundHound AI, Inc Class A, with a price target of $9.00. The company’s shares closed last Thursday at $7.42, close to its 52-week high of $7.91.
According to TipRanks.com, Ives is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for SoundHound AI, Inc Class A with a $6.75 average price target, which is a -0.6% downside from current levels. In a report issued on February 15, Northland Securities also maintained a Buy rating on the stock with a $4.00 price target.
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ACI Worldwide (ACIW)
Seaport Global analyst Jeff Cantwell maintained a Buy rating on ACI Worldwide today and set a price target of $32.78. The company’s shares closed last Thursday at $32.91.
According to TipRanks.com, Cantwell is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ACI Worldwide with a $37.26 average price target, implying a 18.1% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $40.00 price target.
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Read More on SOUN:
- SOUN Earnings: Q4 Miss Puts the Brakes on Stock’s Blistering Rally
- Options Volatility and Implied Earnings Moves Today, February 29, 2024
- ‘Beware of the Valuation,’ Says Top Analyst Michael Latimore About SoundHound AI Stock
- Notable open interest changes for February 28th
- SoundHound downgraded to Market Perform from Outperform at Northland
