On 6/5/24, Verint Systems Inc (NASDAQ: VRNT) stock enjoyed a major increase of 23.0%, closing at $34.72. Moreover, exceptionally high trading volume at 502% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.2% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, VRNT is expected to continue to be a major Value Builder.
Verint Systems has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Verint Systems has a poor Appreciation Score of 28 but a very high Power Rating of 85, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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