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Guidewire price target lowered to $175 from $225 at BTIG

BTIG analyst Allan Verkhovski lowered the firm’s price target on Guidewire (GWRE) to $175 from $225 and keeps a Buy rating on the shares as part of a broader research note previewing Q4 results in Application Software. It remains difficult to see how the firm’s names under coverage can “shake off the AI disruption overhang”, the analyst tells investors in a research note.

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