Raymond James analyst Alexander Sklar raised the firm’s price target on nCino (NCNO) to $36 from $35 and keeps an Outperform rating on the shares. Q2 results included the company’s largest top-line beat in several years, a “notably more optimistic tone on the macro backdrop,” and a raised outlook for FY26, notes the analyst, who came away from the quarter positive on nCino’s ability to inflect bookings growth.
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