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Fly News Breaks for August 30, 2018
NICE, VRNT
Aug 30, 2018 | 07:43 EDT
JPMorgan analyst Paul Coster raised his price target for Verint Systems (VRNT) to $55 from $50 and says he's a buyer of the stock into the company's Q2 results. The analyst expects commentary to remain upbeat owing to traction with the "land and expand" strategy within customer engagement, and visibility from announced large cyber projects. He favors shares of Verint over "near-peer" Nice Systems (NICE), noting the valuation gap is the widest it has been in five years. Coster keeps an Overweight rating on Verint.
News For VRNT;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.
