Stifel raised the firm’s price target on Guidewire (GWRE) to $270 from $230 and keeps a Buy rating on the shares following what the firm calls “a healthy quarter across the board” in fiscal Q3. Q4 estimates moved in the right direction as well, with ARR and subscription revenue tracking ahead of expectations, says the analyst, who adds that Guidewire continues to display positive cloud momentum.
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Read More on GWRE:
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