Baird analyst Joe Vruwink raised the firm’s price target on Guidewire to $80 from $75 and keeps a Neutral rating on the shares. The analyst said Guidewire is reestablishing its track record and demonstrating cloud efficiency, both favorable developments for the stock that are balanced against current valuation in our view.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on GWRE:
- Guidewire raises FY23 revenue view to $894M-$904M from $886M-$896M
- Guidewire reports Q2 adjusted EPS (21c), consensus (3c)
- Guidewire initiated with a Buy at Goldman Sachs
- Guidewire, Assurant partner to streamline insurance processes
- Citi opens ‘positive catalyst watch,’ names top picks in application software
