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Investing.com -- SoundHound AI , Inc. (NASDAQ: SOUN) stock surged 15% as the company announced a partnership with Rekor Systems, Inc. (NASDAQ: REKR) to innovate emergency vehicle technology.
SoundHound AI, Inc. (NASDAQ:SOUN – Get Free Report)’s stock price gapped up before the market opened on Tuesday after Northland Securities raised their price target on the stock from $6.00 to $8.00.
We warn of overvaluation and declining stock in SoundHound due to AI hype and recent acquisition and advise to lock in gains.