Barclays lowered the firm’s price target on Nice (NICE) to $226 from $286 and keeps an Overweight rating on the shares. The company’s “record results” were overshadowed by the lower than expected guidance for 2025, with 7% sales growth comparing to Barclays’ 10% estimate, the analyst tells investors in a research note. With Nice’s sales cycles lengthening, the firm cut the price target
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NICE:
- Buy Rating Maintained for NICE Despite Conservative Guidance and Growth Challenges
- Nice Ltd. Reports Strong 2024 Financial Performance
- Nice price target lowered to $173 from $200 at Jefferies
- NICE Ltd. Achieves Strong Financial Growth in 2024 with 25% Cloud Revenue Surge
- Nice sees Q1 EPS $2.78-$2.88, consensus $2.90