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Shares of Verint Systems (NASDAQ:VRNT) have earned an average recommendation of “Buy” from the eight analysts that are presently covering the stock, American Banking & Market News reports. Eight research analysts have rated the stock with a buy recommendation, The average twelve-month price target among brokers that have issued a report on the stock in the last year is $58.50.

A number of research firms have recently commented on VRNT. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Verint Systems in a research note on Wednesday. They now have a $57.00 price target on the stock, up previously from $55.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Verint Systems in a research note on Monday, June 23rd. They now have a $60.00 price target on the stock.

Verint Systems (NASDAQ:VRNT) traded up 0.67% on Thursday, hitting $51.07. The stock had a trading volume of 64,455 shares. Verint Systems has a 52 week low of $35.24 and a 52 week high of $53.19. The stock’s 50-day moving average is $48.5 and its 200-day moving average is $47.07. The company has a market cap of $2.760 billion and a P/E ratio of 30.54.

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

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