Veritone (VERI) Receives News Impact Score of 0.42

News articles about Veritone (NASDAQ:VERI) have been trending positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Veritone earned a media sentiment score of 0.42 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 44.3212610984524 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

VERI has been the subject of several recent research reports. B. Riley cut Veritone from a “buy” rating to a “sell” rating and cut their price target for the company from $18.00 to $15.00 in a report on Tuesday, November 7th. Zacks Investment Research cut Veritone from a “hold” rating to a “sell” rating in a report on Saturday, November 11th. Craig Hallum set a $31.00 price target on Veritone and gave the company a “buy” rating in a report on Wednesday, November 22nd. Finally, BidaskClub raised Veritone from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 24th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $26.50.

Shares of Veritone (NASDAQ:VERI) traded down $1.43 on Friday, hitting $14.72. The stock had a trading volume of 201,455 shares, compared to its average volume of 332,239. Veritone has a fifty-two week low of $7.76 and a fifty-two week high of $74.92.

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About Veritone

Veritone, Inc is a developer of artificial intelligence (AI) platform. The Company’s platform unlocks the power of cognitive computing to transform unstructured audio and video data and analyze it in conjunction with structured data in a seamless, automated manner to generate actionable intelligence.

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