Chardan Capital Initiates Coverage on Nice-Systems Ltd (ADR) to Buy

Chardan Capital Initiates Coverage on Nice-Systems Ltd (ADR)(NASDAQ:NICE). The shares have been rated Buy. The rating by Chardan Capital was issued on Jun 22, 2016.

In a different note, On May 27, 2016, UBS said it Downgrades its rating on Nice-Systems Ltd (ADR). In the research note, the firm Lowers the price-target to $77.00 per share. The shares have been rated ‘Neutral’ by the firm. On May 26, 2016, JMP Securities said it Upgrades its rating on Nice-Systems Ltd (ADR). The shares have been rated ‘Market Outperform’ by the firm.

Nice-Systems Ltd (ADR) (NICE) shares turned negative on Mondays trading session with the shares closing down -0.46 points or -0.76% at a volume of 1,51,850. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $60.68. The peak price level was also seen at $60.68 while the days lowest was $59.07. Finally the shares closed at $59.88. The 52-week high of the shares is $67.555 while the 52-week low is $53.06. According to the latest information available, the market cap of the company is $3,564 M.

Nice-Systems Ltd (ADR)(NICE) last announced its earnings results on May 5, 2016 for Fiscal Year 2016 and Q1.Company reported revenue of $226.11M. Analysts had an estimated revenue of $225.55M. Earnings per share were $0.81. Analysts had estimated an EPS of $0.74.

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.

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