Alert: Major Price Advance (12/7/23)-Verint Systems Inc (NASDAQ: VRNT).

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On 12/7/23, Verint Systems Inc (NASDAQ: VRNT) stock enjoyed a major increase of 19.0%, closing at $28.60. Moreover, trading volume in this advance was exceptionally high at 440% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 13.8% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are 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 F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Verint Systems has a poor Appreciation Score of 28 and a poor Power Rating of 15, with the Lowest Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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