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Nice price target raised to $285 from $238 at RBC Capital

RBC Capital raised the firm’s price target on Nice to $285 from $238 and keeps an Outperform rating on the shares after its Q4 earnings beat and above-consensus guide. The firm was “encouraged” by commentary on enterprise and international momentum, competitive win rates, and digital & AI adoption, which should help lighten the bear case on GenAI disruption, the analyst tells investors in a research note.

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