Raymond James Initiates Coverage On Guidewire Software with Outperform Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Alexander Sklar initiates coverage on Guidewire Software (GWRE) with an Outperform rating and a price target of $125.
February 01, 2024 | 11:58 am
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Raymond James initiated coverage on Guidewire Software with an Outperform rating and a price target of $125.
Analyst ratings, especially from reputable firms like Raymond James, can significantly influence investor sentiment and stock prices. An Outperform rating suggests that the analyst believes GWRE will perform better than the market or its sector, potentially leading to an increase in its stock price. The announcement of a $125 price target further underscores the analyst's bullish outlook on the stock, suggesting a strong potential for growth.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100