Needham analyst Kyle Peterson reiterated a Buy rating and $21.00 price target on NIQ Global Intelligence Plc (NYSE: NIQ)

The analyst comments "We are taking a closer look at NIQ, particularly to evaluate the role that NIQ could play in the CPG/retail industry as agentic commerce gains adoption. We expect agentic commerce will result in a reallocation of investment dollars from product packaging and traditional marketing spend towards AI-based data solutions to prepare for the shift. As such, we expect global, data-focused platforms that can accelerate product development timelines, incorporate real-time feedback, and help optimize pricing, marketing, and distribution channels to be the long-term leaders. More specifically, we believe that NIQ's AI-driven product suite will see an increase in demand and expect agentic commerce to serve as a multi-year tailwind to organic growth. We are reiterating our BUY rating, $21 target, and continue to list NIQ as our Conviction List stock."

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Shares of NIQ Global Intelligence Plc closed at $11.37 yesterday.