Rosenblatt initiated coverage of Verint (VRNT) with a Buy rating and $40 price target The firm believes the company is significantly undervalued given the company’s broad AI portfolio and the inherent competitive advantage that the company holds having more than a decade of data from interactions to train advanced AI models. The company is well on its way to complete its evolution from a security and analytics provider to a leader in AI-powered customer engagement solutions, the analyst tells investors in a research note.
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