Several brokerages have updated their recommendations and price targets on shares of Verint Systems (NASDAQ: VRNT) in the last few weeks:

  • 9/20/2016 – Verint Systems had its “buy” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 9/14/2016 – Verint Systems was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Verint Systems Inc. is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. “
  • 9/9/2016 – Verint Systems had its price target raised by analysts at Imperial Capital from $40.00 to $43.00. They now have an “outperform” rating on the stock.
  • 9/8/2016 – Verint Systems had its price target raised by analysts at JPMorgan Chase & Co. from $43.00 to $44.00. They now have an “overweight” rating on the stock.
  • 9/8/2016 – Verint Systems had its price target raised by analysts at Deutsche Bank AG from $35.00 to $37.00. They now have a “hold” rating on the stock.
  • 9/8/2016 – Verint Systems had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $49.00 price target on the stock.
  • 9/7/2016 – Verint Systems had its “sell” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $32.00 price target on the stock.
  • 8/22/2016 – Verint Systems had its “sell” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $32.00 price target on the stock.
  • 8/10/2016 – Verint Systems was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Verint Systems Inc. is a leading provider of analytic solutions for communications interception, digital video security and surveillance, and enterprise business intelligence. “

Verint Systems Inc. (NASDAQ:VRNT) opened at 38.05 on Thursday. The stock’s market capitalization is $2.40 billion. Verint Systems Inc. has a 52-week low of $29.76 and a 52-week high of $49.70. The firm has a 50-day moving average of $35.81 and a 200-day moving average of $34.60.

Verint Systems (NASDAQ:VRNT) last issued its earnings results on Wednesday, September 7th. The company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The company earned $264.20 million during the quarter. Verint Systems had a negative net margin of 0.38% and a positive return on equity of 10.61%. The company’s quarterly revenue was down 11.1% on a year-over-year basis. During the same period last year, the business earned $0.76 EPS. On average, equities analysts expect that Verint Systems Inc. will post $2.85 EPS for the current year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/22/verint-systems-vrnt-investment-analysts-recent-ratings-changes.html

In other Verint Systems news, Director Larry F. Myers sold 4,243 shares of Verint Systems stock in a transaction on Monday, September 12th. The shares were sold at an average price of $37.51, for a total transaction of $159,154.93. Following the completion of the sale, the director now owns 8,778 shares of the company’s stock, valued at approximately $329,262.78. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 1.30% of the company’s stock.

Verint Systems Inc offers Actionable Intelligence solutions. The Company’s Actionable Intelligence solutions address Customer Engagement Optimization, Security Intelligence, and Fraud, Risk and Compliance. It offers services, such as strategic consulting, implementation services, training, maintenance and round the clock support, as well as a range of deployment models.

5 Day Chart for NASDAQ:VRNT

Receive News & Ratings for Verint Systems Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Verint Systems Inc and related companies with MarketBeat.com's FREE daily email newsletter.