Critical Insights From Ncino Analyst Ratings: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Ncino (NASDAQ:NCNO) over the last quarter show a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $39.25, reflecting a 2.51% rise. Key analysts have adjusted their ratings and price targets, with some raising and others maintaining their positions. Ncino has shown positive revenue growth and strong financial health indicators, despite being smaller in market capitalization compared to peers.
August 14, 2024 | 7:00 pm
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Analysts' ratings for Ncino (NASDAQ:NCNO) show a mix of bullish and somewhat bullish sentiments. The average 12-month price target has increased to $39.25, reflecting a 2.51% rise. Key analysts have adjusted their ratings and price targets, with some raising and others maintaining their positions.
The increase in the average price target and the mix of bullish sentiments from analysts suggest a positive short-term impact on Ncino's stock price. The company's strong financial health indicators further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100