Reported about 19 hours ago
SoundHound AI (SOUN) has been upgraded to a 'Buy' rating by Ladenburg Thalmann after reporting robust Q2 results and completing the acquisition of Amelia. The firm raised its price target from $9 to $16, citing strong momentum in voice AI across various sectors, including automotive and restaurant partnerships. Ladenburg predicts revenue will exceed $270 million by 2027, supported by improving revenue visibility and increasing demand for AI solutions.
Source: YAHOO