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Oppenheimer Starts Coverage on SoundHound AI (SOUN) With Perform Rating

SoundHound AI, Inc. (NASDAQ:SOUN) is one of the AI Stocks on Wall Street’s Radar. On September 11, Oppenheimer analyst Brian Schwartz initiated coverage on the stock with a Perform rating. According to the firm, SoundHound holds the potential to be a durable growth compounder backed by its robust conversational AI technology platform. The company is a “technology advantage in the Voice AI market, a compelling value proposition, an enviable backlog-to-revenue ratio, and is well run.” “We launch coverage ...