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Fly News Breaks for November 9, 2018
NICE
Nov 9, 2018 | 09:49 EDT
RBC Capital analyst Dan Bergstrom raised his price target on Nice Systems to $120 after its Q3 earnings beat, saying the results were "highlighted by 20% Cloud growth, balanced strength across segments, traction in large deal wins and an increased Cloud target for the year." The analyst notes that he expects good progress for the company going into the end of 2018, but also keeps his Sector Perform rating based on its "in-line" with peer average valuation multiple of 24-times forward earnings.
News For NICE From the Last 2 Days
NICE
Apr 24, 2024 | 08:26 EDT
NICE
Apr 23, 2024 | 09:42 EDT
NICE
Apr 23, 2024 | 07:23 EDT
Rosenblatt initiated coverage of Nice with a Buy rating and $285 price target. The firm believes Nice is well positioned across the large and mid-sized enterprise market to take share from legacy players due to an increase in demand for AI and automation in the contact center and views the company's cloud business as a 20%-plus year-over-year grower over the mid-term, the analyst tells investors.
