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Guidewire price target raised to $281 from $250 at Citizens JMP

Citizens JMP analyst Aaron Kimson raised the firm’s price target on Guidewire (GWRE) to $281 from $250 and keeps an Outperform rating on the shares. Guidewire reported strong Q3 results and guidance for Q4 and fiscal 2025, the analyst tells investors in a research note. Citizens thinks there is a realistic chance Guidewire hits 20% fully-ramped annual recurring revenue growth in FY25 as it continues to execute.

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