Mizuho lowered the firm’s price target on Nice (NICE) to $185 from $220 and keeps an Outperform rating on the shares. Nice’s Q4 EPS and revenue were above consensus, driven by Product revenue, but the 2025 Cloud revenue guidance was meaningfully lower than expected, the analyst tells investors in a research note. Mizuho believes there’s newfound conservatism in the initial 2025 outlook under new CEO Scott Russell.
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Read More on NICE:
- Nice price target lowered to $161 from $176 at Cantor Fitzgerald
- Strategic Buy Rating for NICE Amidst Operational Challenges and AI Growth Potential
- Nice price target lowered to $226 from $286 at Barclays
- Buy Rating Maintained for NICE Despite Conservative Guidance and Growth Challenges
- Nice Ltd. Reports Strong 2024 Financial Performance
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