CCC Intelligent Solutions price target lowered to $7 from $9.50 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on CCC Intelligent Solutions (CCC) to $7 from $9.50 and keeps a Neutral rating on the shares. CCC Intelligent Solutions delivered Q4 revenue and profitability above consensus by about $4M and about $8M, respectively, driven by renewals and expansions with insurers and repair providers, new OEM wins, growing AI adoption, and strong traction in emerging solutions, the analyst tells investors in a research note. Management emphasized a durable competitive moat anchored in deep workflow integration across 35,000 industry participants and a $2T historical claims dataset, positioning the company as relatively insulated from AI disintermediation concerns, the firm says.