Guidewire Software (GWRE) Tops Q3 EPS by 8c; Guides FY Above the Street
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Piper Jaffray Raises Price Target on Guidewire Software (GWRE) to $70 Following 3Q
June 2, 2016 8:15 AM EDTPiper Jaffray reiterated an Overweight rating on Guidewire Software (NYSE: GWRE), and raised the price target to $70.00 (from $65.00), following the company's 3Q earnings report. Total revenue of $98.9 million was down (3%) Y/Y but ahead of the consensus estimate at $92.4 million. Non-GAAP EPS of... More
UBS Raises Price Target on Guidewire Software (GWRE) Following 3Q Report and Guidance
June 2, 2016 7:47 AM EDTUBS reiterated a Buy rating on Guidewire Software (NYSE: GWRE), and raised the price target to $70.00 (from $66.00), following the company's 3Q earnings report. GWRE raised its FY16 total revenue guidance from $408.5-416.5M to $416.5-420.5M, or by $6M at the mid-points.
Analyst Brent Thill commented, "GWRE's FQ3 was highlighted by a top... More
