CCC Intelligent Solutions: Waiting For Evidence That Emerging Solutions Demand Is Intact

Hispanolistic Investment action I recommended a buy rating for CCC Intelligent Solutions (NASDAQ:CCCS) when I wrote about it in May, as I expected the business to grow at low levels over the long term as the new IX Cloud has made the platform even stickier and provides more cross-sell opportunities. Based on my current outlook and analysis, I recommend a hold rating. My downgrade is not due to any structural impairments in the CCCS business, but rather, I am worried about further consensus cuts and valuatio ...