DA Davidson lowered the firm’s price target on Nice (NICE) to $150 from $195 and keeps a Neutral rating on the shares. The company’s Q2 revenue topped estimates, though the positive new enterprise deal activity and strong AI and self-service adoption this quarter were offset by LiveVox customer churn, the analyst tells investors in a research note.
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Read More on NICE:
- Strong Financial Performance and Strategic Positioning Drive Buy Rating for NICE
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- DA Davidson axes Nice price target, says reiteration of guidance underwhelms
- Nice price target lowered to $193 from $202 at Morgan Stanley
- Nice price target lowered to $200 from $226 at Barclays