Clearwater Analytics Holdings (CWAN) PT Lowered to $30 at DA Davidson

DA Davidson analyst Peter Heckmann lowered the price target on Clearwater Analytics Holdings (NYSE: CWAN) to $30.00 (from $34.00) while maintaining a Buy rating.

The analyst comments "Clearwater Analytics is scheduled to report 3Q results on Wednesday, November 5th with a conference call planned for 5pm ET. We expect the company will meet or modestly exceed our forecasts (and consensus). With results, we anticipate management will affirm (or modestly fine-tune) their 2025 guidance. We are maintaining our BUY rating on Clearwater, but lowering our price target to $30 (from $34) given the pullback in peer valuations."

You May Also Be Interested In

• Fiserv (FISV) PT Lowered to $60 at Freedom Broker
• Cantor Fitzgerald Reiterates Overweight Rating on Applied Materials (AMAT)
• Full Circle Lithium closes $5.14M private placement