RBC Capital Reiterates Outperform on NICE, Maintains $238 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Rishi Jaluria has reiterated an Outperform rating on NICE Ltd. (NASDAQ:NICE) and maintained a price target of $238. The reaffirmation of the positive outlook suggests confidence in the company's performance and potential for stock price appreciation.
November 22, 2023 | 3:40 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an Outperform rating and maintenance of a $238 price target on NICE Ltd. reflects a positive outlook on the company's future performance.
The reiteration of an Outperform rating by a prominent analyst like Rishi Jaluria from RBC Capital typically instills confidence among investors and can lead to a positive short term impact on the stock price. The maintenance of a high price target suggests that the analyst sees continued growth potential for NICE.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100