Citizens JMP Reiterates Market Outperform Rating on NICE Systems Ltd (NICE)

Citizens JMP analyst Patrick Walravens reiterated a Market Outperform rating and $300.00 price target on NICE Systems Ltd (NASDAQ: NICE).

The analyst commented, “We maintain our Market Outperform rating and $300 price target on NICE Ltd. after the company received an $8.5M award from the Federal Aviation Administration, after Bloomberg reported on July 1 that Thoma Bravo is in talks to acquire Verint (VRNT, NC), a sign of M&A coming back in the CX space, and after NICE's stock price has increased 1% year to date versus an increase of 6% for the Russell 3000 and 7% for the S&P 500.”

For an analyst ratings summary and ratings history on NICE Systems Ltd click here. For more ratings news on NICE Systems Ltd click here.

Shares of NICE Systems Ltd closed at $171.94 yesterday.

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