These analysts enhance their expectations for guidelines. Follow -up of the optimistic Q3

Guidewire, Inc. Guum Financial results were reported in the third quarter of expected on Tuesday.

Guidewire Software has reported a quarterly profits of 88 cents per share, which overlooks the consensus of the analyst of 47 cents per share. The company told quarterly sales of $ 293.51 million, which won the estimation of the consensus of the analysts of $ 286.39 million.

“We have provided exceptional results for the third quarter, highlighted through the Q3 sales activity and 17 cloud deals,” said Mike Rosnabjam, CEO of Guidewire. “With the establishment of Guidewire as a clear global leader in P&C Core Systems, we increase our market participation activity, and we host the largest industry events ever in Paris, Tokyo and Sidni, and the second annual developer summit in Bangalore, where we activated the largest ecosystem in the industry.”

Guidewire programs jumped by 19.1 % to $ 259.83 on Wednesday.

These analysts have made changes to their price goals on the guiding wire programs after announcing the profits.

• JMP Securities Aaron Kimson has maintained Guidewire with a market that exceeds performance and raised the target price from $ 250 to $ 281.
• Michael Torin, Wales Vargo analyst, maintained shares with weight gain, and raised the target price from $ 220 to $ 265.
• Brad Sells, the stock analyst, maintained the Guidewire program with a poor -performance rating and raised the target price from $ 135 to $ 160.
• Rishi Jaluria, the RBC Capital analyst, maintained an arrow with a classification that exceeds performance and raised the target price from $ 230 to $ 290.
• Ken Wong, Openheimer’s analyst, maintains the classification of tools to excel and raise the target price from $ 230 to $ 275.
• JP Morgan Alexei Goglev analyst maintained an arrow with weight gain and raised the target price from $ 231 to $ 271.
• Raymond James Alexander Sklar analyst kept the Guidewire program with a classification that surpasses performance and raised the target price from $ 225 to $ 255.

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