CCC Intelligent Solutions Holdings shares are trading lower after the company reported Q2 financial results. Also, Jefferies maintained a Buy rating on the stock and lowered its price target from $14 to $13.
Portfolio Pulse from Benzinga Newsdesk
CCC Intelligent Solutions Holdings shares are trading lower after the company reported Q2 financial results. Jefferies maintained a Buy rating on the stock but lowered its price target from $14 to $13.
July 31, 2024 | 4:49 pm
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CCC Intelligent Solutions Holdings shares are trading lower following the release of their Q2 financial results. Jefferies maintained a Buy rating but reduced the price target from $14 to $13.
The company's shares are trading lower due to the Q2 financial results, indicating a negative market reaction. Additionally, Jefferies' decision to lower the price target, despite maintaining a Buy rating, suggests tempered expectations for the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100