Wells Fargo raised the firm’s price target on Guidewire (GWRE) to $220 from $215 and keeps an Overweight rating on the shares. Guidewire’s Q1 results were better than guidance as momentum extended with the customer base, though the firm expects limited near-term catalysts to keep the stock range-bound, the analyst tells investors in a research note.
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Read More on GWRE:
- Guidewire price target raised to $230 from $220 at Oppenheimer
- Guidewire Software Reports Strong Q1 Fiscal 2025 Results
- Guidewire reports Q1 adjusted EPS 43c, consensus 30c
- Guidewire sees Q2 revenue $282M-$288M, consensus $279.32M
- Guidewire raises FY25 revenue view to $1.155B-$1.167B from $1.135B-$1.149B