Roth Capital Thinks Veritone Inc’s Stock is Going to Recover

In a report released today, Darren Aftahi from Roth Capital maintained a Buy rating on Veritone Inc (VERIResearch Report), with a price target of $15.50. The company’s shares closed yesterday at $4.51, close to its 52-week low of $3.65.

According to TipRanks.com, Aftahi is a 5-star analyst with an average return of 10.8% and a 54.5% success rate. Aftahi covers the Technology sector, focusing on stocks such as Digital Turbine Inc, The Meet Group Inc, and Mitek Systems Inc.

Veritone Inc has an analyst consensus of Moderate Buy, with a price target consensus of $12.

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The company has a one-year high of $25.09 and a one-year low of $3.65. Currently, Veritone Inc has an average volume of 443.1K.

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Veritone, Inc. engages in the development of cloud-based artificial intelligence media software. It provides a cloud-based solution available for media professionals to capture, index, search, and extend broadcast and digital content. Its products include content management, analytics, search and discovery, and share and extend.

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