SoundHound AI Secures Major Contracts, DA Davidson Raises Target Price to $15

Reported 1 day ago

SoundHound AI, Inc. (NASDAQ:SOUN) has made headlines by securing significant new contracts and reporting its strongest quarter yet, surpassing revenue expectations. Following this performance, DA Davidson analyst Gil Luria raised the company's price target to $15 while maintaining a Buy rating. The increase reflects SoundHound's growing presence in the voice AI market as businesses increasingly adopt its solutions for customer service.

Source: YAHOO

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