During the last three months, 6 analysts shared their evaluations of Ncino (NASDAQ:NCNO), revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
Bullish
Somewhat Bullish
Indifferent
Somewhat Bearish
Bearish
Total Ratings
1
2
3
0
0
Last 30D
0
1
0
0
0
1M Ago
1
1
3
0
0
2M Ago
0
0
0
0
0
3M Ago
0
0
0
0
0
Insights from analysts' 12-month price targets are revealed, presenting an average target of $36.33, a high estimate of $42.00, and a low estimate of $27.00. This current average reflects an increase of 8.77% from the previous average price target of $33.40.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Ncino is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst
Analyst Firm
Action Taken
Rating
Current Price Target
Prior Price Target
Ryan Tomasello
Keefe, Bruyette & Woods
Announces
Outperform
$41.00
-
James Faucette
Morgan Stanley
Raises
Equal-Weight
$30.00
$27.00
Joe Vruwink
Baird
Raises
Neutral
$36.00
$34.00
Mayank Tandon
Needham
Raises
Buy
$42.00
$40.00
Brent Bracelin
Piper Sandler
Maintains
Overweight
$42.00
$42.00
James Faucette
Morgan Stanley
Raises
Equal-Weight
$27.00
$24.00
Key Insights:
Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Ncino. This insight gives a snapshot of analysts' perspectives on the current state of the company.
Rating: ...Full story available on Benzinga.com
Related tickers: NCNO.
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