Wedbush Sticks to Its Buy Rating for Nice-Systems (NICE)

By Carrie Williams

Wedbush analyst Daniel Ives maintained a Buy rating on Nice-Systems (NICEResearch Report) today and set a price target of $160. The company’s shares opened today at $139.39, close to its 52-week high of $142.10.

According to, Ives is a 4-star analyst with an average return of 6.2% and a 58.3% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Uber Technologies Inc, and Pivotal Software Inc.

Nice-Systems has an analyst consensus of Moderate Buy, with a price target consensus of $145.57.

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Nice-Systems’ market cap is currently $8.17B and has a P/E ratio of 45.84. The company has a Price to Book ratio of 4.19.

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NICE Ltd. engages in the provision of enterprise software solutions and services. It operates through the following segments: Customer Interactions Solutions, Security Solutions, and Financial Crime and Compliance Solutions.