Nice-Systems Ltd (ADR) (NICE) was Reiterated by Chardan Capital Markets to “Buy” according to the research note released today. The brokerage firm has raised the Price Target to $ 72 from a previous price target of $70 . Chardan Capital Markets advised their investors in a research report released on Jul 28, 2016.
Many Wall Street Analysts have commented on Nice-Systems Ltd (ADR). Nice-Systems Ltd (ADR) was Resumed by JP Morgan to “Overweight” on Jun 29, 2016. Chardan Capital Markets Initiated Nice-Systems Ltd (ADR) on Jun 23, 2016 to “Buy”, Price Target of the shares are set at $70.Chardan Capital Markets Initiated Nice-Systems Ltd (ADR) on Jun 22, 2016 to “Buy”, Price Target of the shares are set at $63.
On the company’s financial health, Nice-Systems Ltd (ADR) reported $0.79 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.75. The company had revenue of $235.40 million for the quarter, compared to analysts expectations of $234.90 million. The company’s revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS.
Nice-Systems Ltd (ADR) opened for trading at $67.21 and hit $69.46 on the upside on Thursday, eventually ending the session at $68.65, with a gain of 6.40% or 4.13 points. The heightened volatility saw the trading volume jump to 4,82,711 shares. Company has a market cap of $4,086 M.
NICE-Systems Ltd. is a global software company. The Company provides solutions for enterprises and security-sensitive organizations for the prevention of financial crimes and fraud and for security and public safety. It operates in three segments: Customer Interactions Solutions Security Solutions and Financial Crime and Compliance Solutions. The Company captures various types of data (including structured and unstructured interactions and transactions) from multiple sources (such as communication channels and operational systems) and acts upon it through analysis that provides insight and decisioning in real time. Its solutions capture interactions and transactions from multiple sources including telephones closed-circuit television (CCTV) video feed emergency services radio communications e-mail chat and social media among others. Its solutions include NICE Inform NICE Audio Recording NiceVision Net NiceVision Video Analytics and NICE Situator among others.