SoundHound AI Reaches Analyst Target Price
January 16, 2025 at 07:35 AM EST
In recent trading, shares of SoundHound AI Inc (SOUN) have crossed above the average analyst 12-month target price of $12.92, changing hands for $13.89/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
