RBC Capital Downgrades Clearwater Analytics Holdings (CWAN) to Sector Perform
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Rating Summary:
5 Buy, 9 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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RBC Capital analyst Rishi Jaluria downgraded Clearwater Analytics Holdings (NYSE: CWAN) from Outperform to Sector Perform with a price target of $24.55 (from $36.00).
The analyst comments "We are downgrading our rating on CWAN from Outperform to Sector Perform and reducing our price target from $36 to $24.55 following the company's filing of its long-awaited proxy statement, detailing the background of the merger and financial projections."
For an analyst ratings summary and ratings history on Clearwater Analytics Holdings click here. For more ratings news on Clearwater Analytics Holdings click here.
Shares of Clearwater Analytics Holdings closed at $23.18 yesterday.
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