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Stock impact report

Here is Why Guidewire Software (GWRE) is Highly Favored by Hedge Funds [Yahoo! Finance]

Guidewire Software, Inc. (GWRE) 
Last guidewire software, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.guidewire.com
Company Research Source: Yahoo! Finance
On January 9, Rishi Jaluria from RBC Capital maintained his Outperform rating on Guidewire Software (NYSE:GWRE). He estimated a price target of $300, which leads to almost 81% upside potential from the current level. docstockmedia/Shutterstock.com Jaluria's rating came at the back of the company's recent announcement of a new $500 million share buyback program, which has been authorized with immediate effect. This follows the successful completion of a previous buyback program. Jaluria considers this move to enhance the company's capital return discipline, backed by an impressive balance sheet and strong cash generation ability. On January 9, Citizens also reaffirmed its favorable view of Guidewire Software (NYSE:GWRE), assigning a Market Outperform rating to the stock. The firm also estimated an 81% upside based on a $300 price target. The firm reflected on broader optimism surrounding its latest buyback program. Besides that, it noted the underperformance of Guidewire Softw Show less Read more
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