JPMorgan analyst Sterling Auty expects two deals slipping into next fiscal year and Guidewire's Services revenue guidance to weigh on the shares today. The analyst, however, feels "this is one of those situations that will ultimately turn out to be an opportunistic time to buy." Management's better-than-average transparency sometimes scares investors, Auty tells investors in a post-earnings research note. He sees the next catalyst for the stock being Guidewire's September 20 analyst day. Auty expects management will disclose their long-term model target giving investors a better idea how the company should progress through its cloud transition. The analyst raised his price target for the shares to $107 from $100 and keeps an Overweight rating on Guidewire.