KeyBanc says the CEO change at nCino (NCNO) is a bit surprising and abrupt. The firm expects the news to be poorly received initially with the turnover creating “further risk to an already scrutinized bookings engine,” the analyst tells investors in a research note. The firm keeps a Sector Weight rating on the shares, which are down 4% to $32.74 in midday trading.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCNO: