RBC Capital lowered the firm’s price target on Nice (NICE) to $130 from $150 and keeps an Outperform rating on the shares. The company’s Q1 revenue and cloud revenue topped estimates and profitability came in above consensus but a mixed guide with below-consensus revenue has pushed shares lower, the analyst tells investors in a research note.
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Read More on NICE:
- Nice announces availability off NiCE ServiceNow joint solution
- Nice price target lowered to $170 from $200 at Citizens
- NICE Highlights April 2026 String of AI, CX and Fraud-Prevention Milestones in New SEC Filing
- Nice reports Q1 EPS $2.64, consensus $2.52
- Nice sees Q2 EPS $2.60-$2.70, consensus $2.63