NICE (NASDAQ:NICE) Upgraded at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of NICE (NASDAQ:NICE) to a hold rating in a research report released on Thursday, MarketBeat Ratings reports. They currently have $176.00 price objective on the technology company’s stock.

Other equities analysts also recently issued research reports about the company. Piper Sandler reaffirmed a “neutral” rating on shares of NICE in a research report on Thursday, November 14th. Jefferies Financial Group reaffirmed a “hold” rating and set a $200.00 price target (down previously from $215.00) on shares of NICE in a research report on Thursday, December 19th. Northland Securities reduced their price target on NICE from $275.00 to $250.00 and set an “outperform” rating for the company in a research report on Friday, November 15th. Oppenheimer downgraded NICE from an “outperform” rating to a “market perform” rating in a research report on Friday, November 15th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $260.00 price target on shares of NICE in a research report on Friday, November 15th. Four equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. According to MarketBeat, NICE presently has an average rating of “Moderate Buy” and a consensus target price of $253.93.

NICE Stock Performance

Shares of NICE opened at $162.40 on Thursday. The stock has a 50 day simple moving average of $177.51 and a 200 day simple moving average of $174.29. NICE has a 52-week low of $151.52 and a 52-week high of $270.73. The firm has a market capitalization of $10.21 billion, a PE ratio of 25.14, a P/E/G ratio of 1.13 and a beta of 1.06.

Institutional Investors Weigh In On NICE

A number of large investors have recently added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV grew its holdings in NICE by 208.3% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 148 shares of the technology company’s stock valued at $26,000 after buying an additional 100 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in NICE in the 3rd quarter valued at $38,000. Wilmington Savings Fund Society FSB acquired a new position in NICE in the 3rd quarter valued at $41,000. GAMMA Investing LLC grew its holdings in NICE by 89.9% in the 3rd quarter. GAMMA Investing LLC now owns 245 shares of the technology company’s stock valued at $43,000 after buying an additional 116 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in NICE by 48.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 277 shares of the technology company’s stock valued at $48,000 after buying an additional 91 shares in the last quarter. Institutional investors own 63.34% of the company’s stock.

NICE Company Profile

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.