Piper Sandler and Wedbush Turn Neutral on NICE Ltd (NICE) Amid AI Execution Risks

Core Insights - NICE Ltd. is recognized as one of the top big data stocks, but concerns exist regarding its ability to meet Cloud targets for 2028 without significant mergers and acquisitions [1] - The recent acquisition of Cognigy is viewed positively as a strategic move into the conversational AI sector, although competition from private firms like Sierra.AI is noted [2] - Analysts express mixed views, with Piper Sandler maintaining a Neutral rating and a $122 price target, while Wedbush downgraded NICE to Neutral due to challenges in the CX AI landscape and ambitious long-term goals impacting near-term margins [3] Company Overview - NICE Ltd. provides AI-powered cloud platforms for digital business solutions globally, including services like CXone for customer experience and the Enlighten AI engine [4] - The company utilizes artificial intelligence and analytics to combat fraud and ensure compliance with anti-money laundering regulations [4]