Piper Sandler raised the firm’s price target on Clearwater Analytics (CWAN) to $28 from $23 and keeps a Neutral rating on the shares. The firm notes Clearwater’s Q3 results came in modestly ahead of the Street — and nicely above the company’s targets, both across revenues and margins.
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Read More on CWAN:
- Clearwater Analytics price target raised to $35 from $31 at Oppenheimer
- Clearwater Analytics upgraded to Overweight from Neutral at JPMorgan
- Clearwater Analytics Reports Strong Q3 2024 Financial Results
- Clearwater Analytics Settles Agreement and Reports Strong Q3
- Clearwater Analytics sees FY24 revenue $445.5M, consensus $443.2M