Barrington analyst Gary Prestopino assigned a Buy rating to CCC Intelligent Solutions Holdings (CCCS – Research Report) today and set a price target of $15.00. The company’s shares closed yesterday at $9.29.
According to TipRanks, Prestopino is a top 100 analyst with an average return of 34.8% and a 58.91% success rate. Prestopino covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, PowerFleet, and Cars.
CCC Intelligent Solutions Holdings has an analyst consensus of Strong Buy, with a price target consensus of $12.60.
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Based on CCC Intelligent Solutions Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $192.79 million and a net profit of $15.56 million. In comparison, last year the company earned a revenue of $166.79 million and had a net profit of $3.82 million
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