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Nice price target lowered to $150 from $195 at DA Davidson

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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