Jefferies analyst John DiFucci kept his Buy rating and $132 price target on Nice Systems after his investor meeting with its CEO, CFO, and Investor Relations executive. The analyst says the discussion focused around the company's "nascent shift to cloud contact centers, product strategies, and competitive landscape", along with its potential for margin improvement from cost management. DiFucci further notes that Nice Systems stock trades at an "attractive valuation", retaining his view of the company as a "top mid-cap pick" in his coverage universe.

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.