NICE Systems Ltd (NASDAQ:NICE) is one of the 15 AI Stocks **** ysts Are Watching: Microsoft, Nvidia, and More.
On June 18, DA Davidson **** yst Clark Wright upgraded NICE Systems Ltd (NASDAQ:NICE) to Buy from Neutral on Thursday, maintaining its price target of $110. The firm believes that investor concerns related to AI disruptions in the contact center industry may be overstated.
DA Davidson said in the investor note that it has upgraded NICE shares to buy following conversations with customers at the company's annual user event. The discussions revealed how the actual impact of AI in contact center appears less disruptive than investors fear.
Pixabay/Public Domain
The firm's upgrade is also a reflection of potential value from possible sale of Actimize, its specialized business unit and subsidiary, monetization of AI feature usage, and discounted valuation. Overall, the firm believes that the stock's overall valuation is favorable even though concerns exist regarding AI.
On June 18, DA Davidson **** yst Clark Wright upgraded NICE Systems Ltd (NASDAQ:NICE) to Buy from Neutral on Thursday, maintaining its price target of $110. The firm believes that investor concerns related to AI disruptions in the contact center industry may be overstated.
DA Davidson said in the investor note that it has upgraded NICE shares to buy following conversations with customers at the company's annual user event. The discussions revealed how the actual impact of AI in contact center appears less disruptive than investors fear.
Pixabay/Public Domain
The firm's upgrade is also a reflection of potential value from possible sale of Actimize, its specialized business unit and subsidiary, monetization of AI feature usage, and discounted valuation. Overall, the firm believes that the stock's overall valuation is favorable even though concerns exist regarding AI.
1 month ago
