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Fly News Breaks for March 2, 2016
GWRE
Mar 2, 2016 | 07:29 EDT
Stephens analyst Alex Zukin said in a post-earnings research note that he senses that Guidewire had a strong second quarter in terms of sales to existing customers as well as new customer signings. The analyst, who noted that the company is not seeing any impact to its pipeline from macro volatility, keeps an Overweight rating on Guidewire shares and increased his price target on the stock to $65 from $55.
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