SoundHound AI, Inc. (NASDAQ: SOUN) shares traded higher Thursday after Cantor Fitzgerald analyst Brett Knoblauch maintained an Overweight rating and raised the price target from $2.80 to $6.20.
U.S. stocks closed lower on Thursday with the Nasdaq Composite dropping around 75 points amid a decline in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc. (NASDAQ: AAPL) shares.