Evercore ISI Group Maintains Outperform Rating for CCC Intelligent Solutions: Here's What You Need To Know

Evercore ISI Group has decided to maintain its Outperform rating of CCC Intelligent Solutions CCCS and raise its price target from $13.00 to $15.00.

Shares of CCC Intelligent Solutions are trading down 1.13% over the last 24 hours, at $12.25 per share.

A move to $15.00 would account for a 22.45% increase from the current share price.

About CCC Intelligent Solutions

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.