Do Analysts Expect Veritone Inc (VERI) Stock to Rise After It Is Down -11.24% in a Month?

InvestorsObserver is giving Veritone Inc (VERI) an Analyst Rating Rank of 2, meaning VERI is ranked higher by analysts than 2% of stocks. The average price target for VERI is $5 and analyst’s rate the stock as a Hold.

Wall Street analysts are rating VERI a Hold today. Find out what this means to you and get the rest of the rankings on VERI!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Veritone Inc Stock Today?

Veritone Inc (VERI) stock is trading at $2.21 as of 1:42 PM on Tuesday, Nov 28, a rise of $0.02, or 0.91% from the previous closing price of $2.19. The stock has traded between $2.09 and $2.25 so far today. Volume today is low. So far 168,605 shares have traded compared to average volume of 358,338 shares. Click Here to get the full Stock Report for Veritone Inc stock.