Information Provided By:
Fly News Breaks for March 5, 2020
GWRE
Mar 5, 2020 | 08:32 EDT
Baird analyst Joe Vruwink lowered the firm's price target on Guidewire to $124 from $143 and keeps an Outperform rating on the shares. The analyst said its new sales are experiencing a faster shift to the cloud while an increasing number of customer/prospects also contemplate cloud-based systems. He said a by-product of this dynamic is lower on-prem term license revenue resulting in lowered guidance.
News For GWRE From the Last 2 Days
There are no results for your query GWRE