JPMorgan raised the firm’s price target on Guidewire to $100 from $83 and keeps an Overweight rating on the shares. The company showed “exceptional performance” in fiscal Q4 and issued a “robust” annual recurring revenue growth acceleration outlook for 2025 despite headwinds in 2024, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on GWRE:
- Guidewire price target raised to $96 from $80 at Baird
- Guidewire price target raised to $95 from $85 at Stifel
- Guidewire price target raised to $100 from $95 at JMP Securities
- Guidewire Stock (NYSE:GWRE) Down Despite Better-Than-Expected Q4 Results
- Guidewire price target raised to $100 from $95 at Oppenheimer