Barrington Sticks to Its Buy Rating for CCC Intelligent Solutions Holdings (CCCS)

In a report released today, Gary Prestopino from Barrington maintained a Buy rating on CCC Intelligent Solutions Holdings (CCCSResearch Report), with a price target of $15.00. The company’s shares opened today at $9.15.

According to TipRanks, Prestopino is a top 100 analyst with an average return of 30.2% and a 54.45% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Cars, and PowerFleet.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CCC Intelligent Solutions Holdings with a $11.50 average price target.

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Based on CCC Intelligent Solutions Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $192.79 million and a net profit of $15.56 million. In comparison, last year the company earned a revenue of $166.79 million and had a net profit of $3.82 million

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