RBC Capital Maintains Outperform on NICE, Raises Price Target to $145
RBC Capital analyst Rishi Jaluria maintains NICE (NASDAQ:NICE) with a Outperform and raises the price target from $130 to $145.
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RBC Capital analyst Rishi Jaluria maintains NICE (NASDAQ:NICE) with a Outperform and raises the price target from $130 to $145.
SoundHound AI (SOUN) is expanding its presence in banking and financial services by renewing/expanding contracts with major banks and insurers. The company's OASYS platform combines guardrails and evaluation tools for secure financial workflows. Q2 revenues grew 45% to $61.9M, though adjusted EBITDA remained a $9.6M loss. The company faces intensifying competition from NICE and Five9 in the regulated financial services AI market.
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