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Nice price target lowered to $200 from $300 at Citizens JMP

Citizens JMP lowered the firm’s price target on Nice (NICE) to $200 from $300 and keeps an Outperform rating on the shares. The company reported generally better-than-expected Q3 results and noted that the Cognigy acquisition closed ahead of schedule, with the updated guidance now reflecting its contribution, the analyst tells investors in a research note. Citizens continues to view the stock as an attractive opportunity for long-term capital appreciation.

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