Raymond James raised the firm’s price target on Guidewire (GWRE) to $255 from $225 and keeps an Outperform rating on the shares. Guidewire reported record Q3 bookings, the third largest quarter of all time, that drove accelerating net new annual recurring revenue growth and a higher outlook, the analyst tells investors in a research note. Guidewire continues to execute on all cylinders, the firm says.
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