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Benzinga

Business

Priya Nigam

SoundHound Needs Big Year-End Push, Faces Execution Challenges

SOUN SoundHound James Fish SoundHound AI Piper Sandler Soundhound AI Inc

SoundHound

Although its risk-reward is fundamentally balanced, SoundHound AI Inc.'s (NASDAQ:SOUN) execution in the back half of the year "could create a squeeze on shares," according to Piper Sandler.

The SoundHound AI Analyst: Analyst James Fish downgraded the rating from Overweight to Neutral, while establishing a price target of $12.

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