Clearwater Analytics' Enfusion Infusion Offers Compelling Value Proposition, Analyst Upgrades Stock

Piper Sandler analyst Arvind Ramnani upgraded the shares of Clearwater Analytics Holdings Inc CWAN from Neutral to Overweight and raised the price forecast from $28.00 to$36.00.CWAN delivered strong fourth-quarter results, with revenue of $126.5 million, exceeding the Street’s forecast of$120.3 million, reflecting a 27.7% year-over-year increase compared to the Street’s expectation of 21.5% growth.The analyst noted that CWAN’s fourth-quarter performance surpassed expectations in both revenue and margins. ...