Oppenheimer Maintains Outperform on Guidewire Software, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ken Wong has maintained an Outperform rating on Guidewire Software (NYSE:GWRE) and increased the price target from $100 to $115, indicating a positive outlook on the company's stock.
December 08, 2023 | 3:08 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Oppenheimer analyst Ken Wong reaffirmed an Outperform rating on Guidewire Software and raised the price target to $115, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Ken Wong from Oppenheimer typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100