JMP Securities raised the firm’s price target on Guidewire to $100 from $95 and keeps an Outperform rating on the shares. The company reported strong Q4 results, though guidance was mixed for Q1, the analyst tells investors in a research note. JMP continues to like Guidewire as an opportunity for long-term capital appreciation for a number of reasons, including that the company maintains a leading position in a market that is estimated to be ~$18B.
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