Piper Sandler upgraded nCino (NCNO) to Overweight from Neutral with a price target of $22, down from $30. The firm views the company’s Q4 repot as “healthy” and outlook “prudent.” Piper is encouraged by nCino’s execution at the end of fiscal 2026. The company is seeing positive developments, including “strong” early renewal activity and lighthouse wins internationally, the analyst tells investors in a research note. Piper now sees a “line of sight” into nCino’s growth reacceleration.
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