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Duck Creek Technologies initiated with a Neutral at JPMorgan

JPMorgan analyst Alexei Gogolev initiated coverage of Duck Creek Technologies with a Neutral rating and $13 price target. The analyst cites the company’s "relatively less exciting cloud market share trends and lower stock liquidity" for the Neutral rating. However, he sees a "huge opportunity" for vendors providing software to insurance enterprises.

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Published first on TheFly

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