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Fly News Breaks for June 28, 2019
NICE
Jun 28, 2019 | 05:41 EDT
After hosting investor meetings with management, Jefferies analyst John DiFucci continues to believe that Nice's organic cloud revenue growth can accelerate through the remainder of 2019. Given the rising cloud revenue mix and the nature of the company's cloud customer engagement business model, Nice's reported metrics understate its "true, underlying momentum," DiFucci tells investors in a research note. He maintains a Buy rating on the shares with a $166 price target.
News For NICE From the Last 2 Days
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.