Piper Sandler Maintains Neutral Rating for Clearwater Analytics Hldg: Here's What You Need To Know


Piper Sandler has decided to maintain its Neutral rating of Clearwater Analytics Hldg CWAN and raise its price target from $17.00 to $20.00.

Shares of Clearwater Analytics Hldg are trading down 4.48% over the last 24 hours, at $18.14 per share.

A move to $20.00 would account for a 10.25% increase from the current share price.

About Clearwater Analytics Hldg

Clearwater Analytics Holdings Inc provides investment accounting and reporting, performance measurement, compliance monitoring, and risk analytics solutions for asset managers, insurance companies, and large corporations. Its cloud-native software allows clients to radically simplify their investment accounting operations, enabling them to focus on higher-value business functions such as asset allocation strategy and investment selection.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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