Barclays Maintains Equal-Weight on CCC Intelligent Solutions, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Equal-Weight rating on CCC Intelligent Solutions (NASDAQ:CCCS) but lowers the price target from $14 to $13.
October 29, 2024 | 12:43 pm
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Barclays has maintained its Equal-Weight rating on CCC Intelligent Solutions but has lowered the price target from $14 to $13, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a less optimistic view on CCC Intelligent Solutions' stock performance, which could lead to a negative short-term impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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