DA Davidson analyst Gil Luria raised the firm’s price target on Nice (NICE) to $185 from $180 and keeps a Buy rating on the shares. The company’s Q1 top line results were in-line with expectations with cloud growth at 12% and total revenue growth of 6%, the analyst tells investors in a research note. Nice’s new enterprise deal trends and partnership announcements support the firm’s long term thesis that leading CCaaS vendors are key strategic partners to enterprises in an AI-era, DA Davidson added.
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