JPMorgan analyst Paul Coster added Verint Systems (VRNT) to his firm's Analyst Focus List as value idea and boosted his price target for the shares to $78 from $74. The stock is "significantly undervalued" relative to Nice (NICE), despite "solid" growth and profitability momentum that is matching that of its nearest peer, Coster tells investors in a research note. The analyst thinks investors are underestimating Verint's position in customer service technology end-markets and that continued execution should drive a "re-ratng." Coster keeps an Overweight rating on Verint shares.

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.