Fly News Breaks for April 22, 2019
Apr 22, 2019 | 07:52 EDT
Wedbush analyst Daniel Ives raised his price target for Nice to $155 from $145 to reflect his stronger confidence in deal flow in the field. After attending the company's annual customer conference/analyst day in Las Vegas, the analyst notes it was clear that Nice is in the early innings of a massive growth opportunity set to take place over coming years. Further, his conversations with customers and partners throughout the event coupled by positive field checks over the last few months further confirm his thesis that Nice is becoming a more strategic cloud and analytics vendor for enterprises across the board. Ives reiterates an Outperform rating on the shares.
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