Wells Fargo analyst Michael Turrin raised the firm’s price target on Guidewire to $90 from $85 and keeps an Equal Weight rating on the shares. Guidewire’s Q4 results demonstrate continued success in cloud sales activity and the firm has more confidence in Guidewire’s cloud transition, the analyst tells investors in a research note.
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