02:17 PM EDT, 08/25/2025 (MT Newswires) -- (Updates with analyst commentary.)

Wedbush Lowered price target on Verint Systems ( VRNT ) to $20.50 from $30 amid announcement of sell-off to private equity firm Thomas Bravo for ~$2 billion.

According to the brokerage, "Under the terms of the agreement, Verint ( VRNT ) shareholders will receive $20.50 per share in cash reflecting an 18% premium to VRNT'S 10-day volume weighted average share price up to June 25, 2025."

The price target cut is in line with the acquisition price, Wedbush added.

Verint Systems ( VRNT ) has an average rating of overweight and mean price target of $29.71, according to analysts polled by FactSet.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 20.24, Change: -0.23, Percent Change: -1.12