Barclays analyst Tavy Rosner raised the firm’s price target on Nice to $320 from $283 and keeps an Overweight rating on the shares. The company reported revenue growth of 10%, at the high end of guidance, and an earnings beat, the analyst tells investors in a research note. The firm welcomes the positive commentary around the adoption of artificial intelligence solutions which have become a main driver of new wins.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NICE:
- Nice price target raised to $334 from $283 at Citi
- Jefferies software analysts hold an analyst/industry conference call
- Netflix downgraded, Block upgraded: Wall Street’s top analyst calls
- Nice initiated with an Outperform at Northland
- The cloud automation software stocks to own in 2024, according to Piper Sandler