Barclays lowered the firm’s price target on CCC Intelligent Solutions (CCCS) to $13 from $14 and keeps an Equal Weight rating on the shares post the Q3 report. The biggest focal point from the earnings call was the Q4 implied revenue growth rate of 7%, which reflects lower industry claim volume, the analyst tells investors in a research note.
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Read More on CCCS:
- CCC Intelligent Solutions reports Q3 EPS 10c, consensus 9c
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