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Stock impact report

Why D.A. Davidson Stayed Neutral on Clearwater Analytics (CWAN) Amid Its Pending Take-Private Deal [Yahoo! Finance]

Clearwater Analytics Holdings, Inc. (CWAN) 
Company Research Source: Yahoo! Finance
Analytics had a consensus Hold rating, with an average price target of about $26.17, a high target of $36.00, and a low target of $24.55. That implied roughly 11.7% upside from the stock's then-current trading level. On February 24, 2026, D.A. Davidson reiterated its Neutral rating on Clearwater Analytics and kept its price target at $24.55. The firm said fourth-quarter results came in modestly above both its own forecast and street expectations. D.A. Davidson also said it made only limited adjustments to its 2026 and 2027 forecasts, noted that management did not hold an earnings call or issue 2026 guidance because of the pending take-private transaction, and said it expected the merger proxy to be filed soon. The firm added that it expected the deal to close in April or May. For context, in late December 2025, it was announced that Clearwater Analytics would be acquired by a private equity group led by Permira and Warburg Pincus for approximately $8.4 billion. Why D.A. Davidson Show less Read more
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