Citizens analyst Aaron Kimson reiterated a Market Outperform rating and $23.00 price target on nCino Inc. (NASDAQ: NCNO).

The analyst commented, "We maintain our Market Outperform rating and $23 price target on nCino ahead of hosting CEO Sean Desmond, CFO Greg Orenstein, and Director of Strategic Finance & IR Harrison Masters for investor meetings in Boston on June 24th — and after the stock has declined 42% YTD versus up ~9% for the Russell 3000."

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 $14.80 yesterday.