Veritone Reaches Analyst Target Price
May 13, 2020 at 08:07 AM EDT
In recent trading, shares of Veritone Inc (VERI) have crossed above the average analyst 12-month target price of $6.75, changing hands for $7.14/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..