Citigroup Reinstates Neutral on CCC Intelligent Solutions, Announces $13 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has reinstated CCC Intelligent Solutions (NASDAQ:CCCS) with a Neutral rating and set a price target of $13.

December 13, 2023 | 10:31 am
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Citigroup analyst Tyler Radke reinstated CCC Intelligent Solutions with a Neutral rating and a price target of $13.
The reinstatement of a Neutral rating typically suggests that the analyst sees the stock performing in line with the market or sector. The announcement of a price target provides a benchmark for investors but does not imply a significant change in stock price. Therefore, the short-term impact is likely to be neutral.
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