SoundHound AI Posts Q2 Beat, But Analysts Focus On Amelia Acquisition
SOUNSoundHound AI(SOUN) Benzinga·2024-08-10 00:10

SoundHound AI Inc SOUN shares tanked in early trading on Friday, despite the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On SoundHound AI Analyst Brett Knoblauch upgraded the rating from Neutral to Overweight, while raising the price target from $5 to $7. SoundHound AI reported "solid" results for the second quarter, with revenue of $13.5 million coming in slightly higher than expected, Knoblauch s ...