Keefe, Bruyette & Woods Reiterates Outperform Rating on nCino Inc. (NCNO)

May 20, 2024 12:06 PM EDT
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Price: $20.39 -1.31%

Rating Summary:
    14 Buy, 9 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 11 | Down: 14 | New: 11
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Keefe, Bruyette & Woods reiterated an Outperform rating and $41.00 price target on nCino Inc. (NASDAQ: NCNO).

The analyst commented, "We attended nCino’s annual customer conference, nSight, in Charlotte, NC. The event included management keynotes, product demos, and topic/product-specific breakout sessions. We met with executive management, sales, and product representatives from nCino, as well as several nCino customers and SI partners. We would characterize the tone among our conversations with the aforementioned groups as upbeat, and aligning with the recent optimistic commentary from nCino around a recovery in buying patterns and optimism around recent innovations in AI (Banking Advisor) and consumer banking (omnichannel experience)."

For an analyst ratings summary and ratings history on nCino Inc. click here. For more ratings news on nCino Inc. click here.

Shares of nCino Inc. closed at $31.99 yesterday.



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