Wells Fargo Upgrades Guidewire Software to Equal-Weight, Raises Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Michael Turrin has upgraded Guidewire Software (NYSE:GWRE) from Underweight to Equal-Weight and raised the price target from $65 to $85.
August 31, 2023 | 9:27 am
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Guidewire Software has been upgraded by Wells Fargo from Underweight to Equal-Weight, with a price target increase from $65 to $85.
The upgrade from Underweight to Equal-Weight by Wells Fargo indicates a more positive outlook for Guidewire Software. The increase in price target from $65 to $85 suggests that the analyst sees potential for the stock's price to rise in the short term. This could lead to increased investor interest and potentially a rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100