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Guidewire price target raised to $96 from $80 at Baird

Baird analyst Joe Vruwink raised the firm’s price target on Guidewire to $96 from $80 and keeps a Neutral rating on the shares. The firm said their positive 4Q update included record sales activity, several marquee Tier 1 wins, and management signaling confidence in mid-term forecasts that entail meaningful inflection in FCF.

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