Macquarie Reiterates Outperform on Ncino, Maintains $40 Price Target
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Robert Trout has reiterated an Outperform rating for Ncino (NASDAQ:NCNO) and maintained a $40 price target.
August 28, 2024 | 3:18 pm
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Macquarie analyst Robert Trout has reiterated an Outperform rating for Ncino and maintained a $40 price target, indicating confidence in the company's future performance.
The reiteration of an Outperform rating and a maintained price target of $40 by Macquarie suggests a positive outlook for Ncino. This could lead to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100