JP Morgan Assumes Nice-Systems Ltd (ADR) to Overweight

Brokerage firm JP Morgan Assumes its rating on Nice-Systems Ltd (ADR)(NASDAQ:NICE). The shares have been rated Overweight. The rating by JP Morgan was issued on Jun 29, 2016.

In a different note, Chardan Capital said it Initiates Coverage on Nice-Systems Ltd (ADR), according to a research note issued on Jun 22, 2016. The shares have been rated ‘Buy’ by the firm. 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) made into the market gainers list on Fridays trading session with the shares advancing 2.33% or 1.49 points. Due to strong positive momentum, the stock ended at $65.34, which is also near the day’s high of $65.64. The stock began the session at $64.17 and the volume stood at 2,74,099 shares. The 52-week high of the shares is $67.555 and the 52 week low is $53.06. The company has a current market capitalization of $3,889 M and it has 5,95,26,506 shares in outstanding.

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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