B of A Securities Reinstates Buy on CCC Intelligent Solutions, Announces $15 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has reinstated a Buy rating on CCC Intelligent Solutions (NASDAQ:CCCS) with a price target of $15, as announced by analyst Michael Funk.
August 20, 2024 | 5:35 pm
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B of A Securities has reinstated a Buy rating on CCC Intelligent Solutions with a $15 price target, indicating a positive outlook for the stock.
The reinstatement of a Buy rating by a major financial institution like B of A Securities, along with a specific price target, suggests confidence in CCC Intelligent Solutions' future performance. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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