Guidewire price target raised to $115 from $110 at JMP Securities

JMP Securities raised the firm’s price target on Guidewire to $115 from $110 and keeps an Outperform rating on the shares. The company reported strong results for Q1, though guidance was mixed for Q2 and “in line to good” for FY24, the analyst tells investors in a research note. JMP continues to like Guidewire as an opportunity for long-term capital appreciation.