Piper Sandler analyst Patrick Moley assumed coverage of Clearwater Analytics (CWAN) with an Overweight rating and $27 price target Clearwater Analytics is in the midst of integrating three key acquisitions that will significantly expand its total addressable market and create a full end-to-end platform for its clients, the analyst tells investors in a research note. Piper believes the integrated platform will provide upsell and cross-sell opportunities that will expand wallet share among existing customers and drive higher win rates.
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