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Fly News Breaks for April 4, 2017
GWRE
Apr 4, 2017 | 05:31 EDT
Goldman Sachs analyst Jesse Hulsing upgraded Guidewire to Conviction Buy from Neutral and raised his price target for the shares to $70 from $59. After "meaningfully" underperforming peers over the last year, the stock has multiple catalysts for outperformance, including margins bottoming in FY17 and revenue acceleration in FY18, Hulsing tells investors in a research note.
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