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Verint Systems (NASDAQ:VRNT)’s share price reached a new 52-week high during trading on Monday, Stock Ratings Network reports. The stock traded as high as $46.50 and last traded at $46.00, with a volume of 1,201,986 shares traded. The stock had previously closed at $42.41.

Several analysts have recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Verint Systems from $41.00 to $46.00 in a research note to investors on Friday, December 6th. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Verint Systems in a research note to investors on Thursday, December 5th. They now have a $45.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Verint Systems from $41.00 to $45.00 in a research note to investors on Thursday, December 5th. They now have an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Verint Systems presently has a consensus rating of “Buy” and an average target price of $43.43.

Verint Systems has a 52-week low of $29.67 and a 52-week high of $43.33. The stock’s 50-day moving average is $39.71 and its 200-day moving average is $36.98. The company has a market cap of $2.476 billion and a price-to-earnings ratio of 40.51.

Verint Systems (NASDAQ:VRNT) last posted its quarterly earnings results on Wednesday, December 4th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.15. The company had revenue of $224.30 million for the quarter, compared to the consensus estimate of $223.63 million. During the same quarter in the previous year, the company posted $0.63 earnings per share. The company’s revenue for the quarter was up 10.9% on a year-over-year basis. On average, analysts predict that Verint Systems will post $2.78 earnings per share for the current fiscal year.

Verint Systems Inc (NASDAQ:VRNT) is engaged in Actionable Intelligence solutions and value-added services.

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