Oppenheimer raised the firm’s price target on Guidewire (GWRE) to $275 from $230 on higher estimates, while keeping an Outperform rating on the shares. The firm notes Guidewire delivered ARR well above consensus driven by 17 cloud deals, nine migrations, and growing momentum with InsuranceNow. Guidewire remains Oppenheimer’s top SMID pick, with strong P&C trends and a resilient operating profile forming a unique blend of offense and defense.
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