SoundHound AI stock confirmed a horizontal resistanceA horizontal resistance chart pattern is a type of chart which shows how price movement follows a certain pattern when price reaches a certain level. The pattern forms a resistance... breakout on June 20, 2023. SOUN stock is in a technical strong uptrend.
SoundHound AI is an artificial intelligence platform that provides voice and music recognition services. It can identify songs, artists, and lyrics based on audio input. SoundHound AI also has natural language processing capabilities, enabling it to understand and respond to voice commands and queries. It is used in various applications, including music streaming services, smart speakers, and in-car infotainment systems.
Cantor Fitzgerald Buy Rating on SoundHound
In a report released on June 20, 2023, Brett Knoblauch from Cantor Fitzgerald reiterated a Buy rating on SoundHound AI with a price target of $2.80.
