Fly News Breaks for February 14, 2020
Feb 14, 2020 | 08:19 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Nice to $175 after its Q4 results showing "solid cloud momentum" and improving operating margins. The analyst is also positive on the company's "leadership position and execution", but keeps his Neutral rating given its "fair valuation" of 8-times enterprise value to expected 2021 recurring revenue and a price-to-earnings ratio of 28-times.
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