On Oct 30, major Wall Street analysts update their ratings for $CCC Intelligent Solutions Holdings (CCCS.US)$, with price targets ranging from $13 to $15.
Morgan Stanley analyst Josh Baer maintains with a hold rating, and maintains the target price at $14.
BofA Securities analyst Michael Funk maintains with a buy rating.
Barclays analyst Saket Kalia maintains with a hold rating, and adjusts the target price from $14 to $13.
Evercore analyst Kirk Materne maintains with a buy rating, and maintains the target price at $15.
Stifel analyst Shlomo Rosenbaum maintains with a buy rating, and maintains the target price at $14.
Furthermore, according to the comprehensive report, the opinions of $CCC Intelligent Solutions Holdings (CCCS.US)$'s main analysts recently are as follows:
After CCC Intelligent Solutions reported its third-quarter results, the primary point of interest highlighted was the implied revenue growth rate of 7% for the fourth quarter. This figure is reflective of a decrease in industry claim volumes.
Here are the latest investment ratings and price targets for $CCC Intelligent Solutions Holdings (CCCS.US)$ from 8 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
