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Fly News Breaks for June 13, 2017
GWRE
Jun 13, 2017 | 05:45 EDT
Piper Jaffray analyst Alex Zukin upgraded Guidewire Software to Overweight saying the recent quarter suggests accelerating revenue growth and improving profitability. The recent weakness in the shares brings an "opportune time" to upgrade the name, Zukin tells investors in a research note. He raised his price target for the stock to $75 from $70.
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