JP Morgan Maintains Overweight on CCC Intelligent Solutions, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains an Overweight rating on CCC Intelligent Solutions (NASDAQ:CCCS) but lowers the price target from $14 to $13.
October 29, 2024 | 3:05 pm
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JP Morgan maintains an Overweight rating on CCC Intelligent Solutions but lowers the price target from $14 to $13, indicating a slightly less optimistic outlook.
The lowering of the price target from $14 to $13 by JP Morgan suggests a slightly less optimistic view on CCC Intelligent Solutions' future performance, which could lead to a short-term negative impact on the stock price. However, the Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100