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Fly News Breaks for October 8, 2015
GWRE
Oct 8, 2015 | 06:48 EDT
Deutsche Bank analyst Nandan Amladi says investors should welcome the long-term outlook Guidewire provided yesterday at its analyst meeting. The company's five-year model has operating margins growing from 18% to 28%-30%, Amladi tells investors in a research note. Guidewire also reiterated its outlook for FY16. The analyst reiterates a Buy rating on the name with a $70 price target.
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