Citi analyst Tyler Radke raised the firm’s price target on Nice to $338 from $278 and keeps a Buy rating on the shares. The analyst looks for the company’s Q2 results “to help it return to favor.” Citi’s quarter-end partner inputs and positive conversations at the Nice Interactions conference in June give it confidence in a slight beat on sales results. The firm sees the company sustaining double-digit sales growth with long-term targets suggesting an accelerating pace of margin expansion.
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