12 Hot Tech Stocks to Buy According to Wall Street Analysts

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4. Veritone Inc. (NASDAQ:VERI)

3-Month Performance as of October 24: 161.28%

Number of Hedge Fund Holders: 4

Average Upside Potential as of October 24: 46.58%

Veritone Inc. (NASDAQ:VERI) is one of the hot tech stocks to buy according to Wall Street analysts. On October 20, H.C. Wainwright raised the firm’s price target on Veritone to $9 from $6 and maintained a Buy rating on the shares.

The analyst at H.C. Wainwright informed investors that the ramp of the company’s VDR (Veritone Data Repository) bookings is currently ahead of expectations. The firm also noted that Veritone’s VDR solution is being deployed across a growing list of hyperscalers and venture-backed model developers.

Earlier on September 17, Scott Buck from H.C. Wainwright reiterated a Buy rating on Veritone, with a price target of $6.00.

Veritone Inc. (NASDAQ:VERI), together with its subsidiaries, provides AI computing solutions and services in the US, the UK, France, Australia, Israel, and India.

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