Morgan Stanley lowers NICE stock price target to $160 on AI investment costs
NegativeFinancial Markets
- Morgan Stanley has lowered its price target for NICE stock to $160 due to rising costs linked to AI investments. This decision highlights the financial challenges NICE faces as it navigates the evolving landscape of artificial intelligence technology.
- The reduction in the stock price target signals a cautious outlook for NICE, potentially impacting investor confidence. As the company invests heavily in AI, the increased costs may affect its profitability and growth trajectory, prompting stakeholders to reevaluate their positions in the market.
— via World Pulse Now AI Editorial System




