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Enter Symbol:
 
Nic Inc. (EGOV) [hlAlert]

Rating:
Outperform
EGOV
up 13.77 %

Nic Inc. (EGOV) rated Outperform by Raymond James

Posted on: Tuesday,  Apr 30, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Nic Inc. (NASDAQ: EGOV) on 04/30/2013, when the stock price was $16.41. Since
then, Nic Inc. has gained 13.77% as of 01/15/2016's recent price of $18.67.
If you would have followed this Raymond James's recommendation on EGOV, you would have gained 13.77% of your investment in 990 days.

NIC Inc. is a provider of Internet-based, electronic government services that help governments use the Internet to reduce costs and provide a higher level of service to businesses and citizens. They accomplish this currently through three different business segments: state and local portal businesses, government procurement business and eGovernment products businesses.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/30/2013 8:25 AM Buy
None
16.41
as of 12/13/2013
1 Week down  -6.40 %
1 Month down  -5.18 %
3 Months up  6.33 %
1 YTD up  37.05 %

(*) Stock Price at the time of the recommendation.
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