DA Davidson analyst Peter Heckmann keeps a Buy rating and $30 price target on Clearwater Analytics (CWAN) after Bloomberg said that Clearwater had received takeover interest from private equity firms Warburg Pincus and Permira. The firm thinks an indicative offer would need to be close to $30 per share in order to be seriously considereed and that the company could be worth $30-$34 per share in the event of a buyout.
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