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Verint Systems Inc. Message Board

  • sharkbitemcnasty sharkbitemcnasty Mar 18, 2013 1:50 PM Flag

    JPMorgan upgrades VRNT


    JP Morgan maintained Verint Systems with an Overweight rating and raised the price target from $35.50 to $39.50.

    JP Morgan analyst Paul Coster noted, "Now that VRNT is independent of Comverse, we believe the management team is positioned to generate leverage from the business model, in part owing to a favorable change in the firm's revenue-mix, in part leveraging R&D and sales and marketing investments made over the last 18 months."

    Verint Systems closed at $35.35 on Friday.

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36.500.00(0.00%)Oct 21 4:00 PMEDT