Oppenheimer Maintains a Buy Rating on Clearwater Analytics Holdings (CWAN)

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is one of the best stocks to buy with over 50% upside potential. Clearwater Analytics Holdings, Inc. (NYSE:CWAN) received a rating update from Oppenheimer analyst Brian Schwartz on October 28. The analyst maintained a Buy rating on the stock and set a price target of $36.

Is Clearwater Analytics Holdings Inc. (CWAN) the Best Low Beta Tech Stock to Buy According to Analysts?

In a separate update, Clearwater Analytics Holdings, Inc. (NYSE:CWAN) and J.P. Morgan Asset Management announced on October 23 an integration transforming the way cash is managed by hedge funds.

Management reported that the solution links Clearwater Analytics Holdings, Inc.’s (NYSE:CWAN) Enfusion “directly with the Morgan Money trading platform, J.P. Morgan Asset Management’s short-term investment management solution, giving clients a single, automated workflow for investing and monitoring idle cash”. Users can select from several currencies, fund providers, and settlement options in one connected experience.

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) provides web-based investment portfolio accounting, reporting, and reconciliation services. The company’s operations are divided into the United States and the Rest of the World geographical segments.

While we acknowledge the potential of CWAN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CWAN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.