Veritone Reports Fourth Quarter and Fiscal Year 2023 Results

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Go back to Veritone Reports Fourth Quarter and Fiscal Year 2023 Results

Veritone (VERI) PT Raised to $2.25 at Roth/MKM

March 14, 2024 4:18 AM EDT

Roth/MKM analyst Darren Aftahi raised the price target on Veritone (NASDAQ: VERI) to $2.25 (from $1.85) while maintaining a Neutral rating.

The analyst comments "Although FY24 revenue guidance on an as-reported basis suggests little to no growth y/y, VERI has taken significant steps to improve the health of its business by reducing debt and further reducing its cost structure. At the higher end of VERIs FY24 sales/loss guidance, the company believes it could... More