Nice Ltd (NICE) experienced a significant intraday surge of 5.15% as the stock attracted positive attention from several analyst firms.
The upward movement appears to be driven by a series of analyst rating reaffirmations published during the trading session. Multiple financial institutions maintained their positive outlook on the technology company, with RBC Capital, Rosenblatt, and Northland Securities all reiterating Buy or Outperform ratings on the stock.
While RBC Capital lowered its price target from $175 to $150, it maintained its Buy rating, suggesting continued confidence in the company's prospects. Other firms including Wedbush and D.A. Davidson also maintained their respective ratings and price targets, contributing to overall positive sentiment toward the stock.