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CCC Intelligent Solutions price target lowered to $9 from $11 at Piper Sandler

Piper Sandler analyst Arvind Ramnani lowered the firm’s price target on CCC Intelligent Solutions (CCCS) to $9 from $11 and keeps a Neutral rating on the shares. The firm says CCC’s Q1 revenue and margins came in ahead of expectations, but the company lowered FY25 targets.

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