Nice-Systems (NICE) Gets a Buy Rating from Rosenblatt Securities

Rosenblatt Securities analyst Ryan Koontz reiterated a Buy rating on Nice-Systems (NICEResearch Report) today and set a price target of $187.00. The company’s shares closed last Monday at $157.25, close to its 52-week high of $161.01.

According to TipRanks.com, Koontz is a 4-star analyst with an average return of 17.8% and a 57.5% success rate. Koontz covers the Consumer Goods sector, focusing on stocks such as CommScope Holding, Juniper Networks, and Arista Networks.

Currently, the analyst consensus on Nice-Systems is a Moderate Buy with an average price target of $176.50.

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Based on Nice-Systems’ latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $42.01 million. In comparison, last year the company had a net profit of $38.3 million.

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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.