Piper Sandler Reiterates Neutral on Ncino, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated a Neutral rating on nCino (NASDAQ:NCNO) and maintained a price target of $30. The reaffirmation of the Neutral stance and price target suggests that Piper Sandler's view on nCino's stock potential remains unchanged.
November 30, 2023 | 9:40 am
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NEUTRAL IMPACT
Piper Sandler analyst Brent Bracelin has reiterated a Neutral rating on nCino and maintained a $30 price target, indicating no change in the investment firm's outlook on the company.
The reiteration of a Neutral rating and maintenance of the price target by Piper Sandler suggests that there are no new significant developments or changes in the company's fundamentals that would affect its stock price in the short term. Therefore, the impact on nCino's stock is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100