Morgan Stanley analyst Josh Baer lowered the firm’s price target on CCC Intelligent Solutions (CCCS) to $13 from $15 and keeps an Overweight rating on the shares. The firm is adjusting risk/rewards for a large number of software companies as it analyzes tariff risk uncertainty and what has already been priced into shares.
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Read More on CCCS:
- CCC Intelligent Solutions price target lowered to $11 from $13 at Barclays
- CCC Intelligent Solutions resumed with a Buy at BofA
- Buy Rating Affirmed for CCC Intelligent Solutions Holdings Amidst Growth Prospects from AI Offerings and Strategic Acquisitions
- CCC Intelligent Solutions 42M share Spot Secondary priced at $10.38
- CCC Intelligent Solutions’ Earnings Call Highlights Growth and Challenges
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