CCCS stock reached a new 52-week low after Jefferies lowered its price target but maintained a "buy" rating.
CCC Intelligent Solutions (CCCS) stock reached a new 52-week low of $10.05 after Jefferies Financial Group lowered its price target from $14.00 to $13.00. Despite the downgrade, Jefferies maintained a "buy" rating. Barrington Research reissued an "outperform" rating and set a $14.00 price objective. Q2 earnings of $0.09 EPS beat estimates, and revenue increased 9.9% YoY to $232.60 million. The company holds an average rating of "Moderate Buy" and a consensus target price of $13.56.
August 01, 2024
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