Nice (NASDAQ:NICE) PT Raised to $170.00 at Wedbush

Nice (NASDAQ:NICE) had its price objective hoisted by Wedbush from $165.00 to $170.00 in a research report report published on Friday, 24/7 WallStreet reports. They currently have an outperform rating on the technology company’s stock.

NICE has been the topic of a number of other reports. Zacks Investment Research lowered Nice from a buy rating to a hold rating in a report on Thursday, October 10th. BidaskClub raised Nice from a hold rating to a buy rating in a report on Wednesday, October 30th. JPMorgan Chase & Co. boosted their target price on Nice from $150.00 to $166.00 and gave the stock an overweight rating in a report on Monday, July 29th. Rosenblatt Securities reissued a buy rating and set a $187.00 target price on shares of Nice in a report on Friday. Finally, Oppenheimer set a $166.00 target price on Nice and gave the stock a buy rating in a report on Tuesday, October 15th. Five investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Nice has an average rating of Buy and an average price target of $160.83.

Shares of NICE stock traded down $2.59 during trading on Friday, reaching $149.26. 8,455 shares of the company’s stock were exchanged, compared to its average volume of 183,156. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $9.68 billion, a PE ratio of 38.53, a PEG ratio of 3.15 and a beta of 0.78. Nice has a twelve month low of $102.56 and a twelve month high of $161.01. The firm’s fifty day moving average price is $152.35 and its 200-day moving average price is $146.68.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aperio Group LLC boosted its stake in Nice by 5.7% in the 2nd quarter. Aperio Group LLC now owns 129,879 shares of the technology company’s stock valued at $17,793,000 after purchasing an additional 6,986 shares during the period. TrimTabs Asset Management LLC bought a new stake in Nice in the 3rd quarter valued at $1,173,000. TD Asset Management Inc. bought a new stake in Nice in the 2nd quarter valued at $4,005,000. Summit Creek Advisors LLC boosted its stake in Nice by 310.5% in the 3rd quarter. Summit Creek Advisors LLC now owns 8,210 shares of the technology company’s stock valued at $1,181,000 after purchasing an additional 6,210 shares during the period. Finally, Steward Partners Investment Advisory LLC bought a new stake in Nice in the 2nd quarter valued at $79,000. Institutional investors and hedge funds own 46.13% of the company’s stock.

Nice Company Profile

NICE Ltd. provides enterprise software solutions worldwide. The company operates in two segments, Customer Engagement, and Financial Crime and Compliance. The Customer Engagement segment offers platform and solutions that empower businesses to deliver consistent and personalized experience across the customer journey, and optimize business performance and ensure compliance.

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Analyst Recommendations for Nice (NASDAQ:NICE)

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