nCino price target raised to $41 from $35 at Citizens JMP

Citizens JMP raised the firm’s price target on nCino (NCNO) to $41 from $35 and keeps an Outperform rating on the shares. The company reported strong fiscal Q2 results and guidance, the analyst tells investors in a research note. The firm believes nCino is continuing to see success with its new pricing strategy. It increased estimates post the earnings print.