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Analysts downgraded ELS and Flutter to Neutral, cutting price targets to $65 and $119, respectively.
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Filed: 2026-10-16 AccNo: 0001193125-26-424052 Size: 252 KB Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers Item 9.01: Financial Statements and Exhibits
CCC Intelligent Solutions shares surged 8% on Monday following reports that Elliott Investment Management and private equity firm GTCR are in advanced discussions to acquire the software company that serves the auto insurance industry. Bloomberg reported a deal could be announced this week, though no agreement has been finalized. Previously, Copart was also reported to be in acquisition talks with CCC.
CCC Intelligent Solutions surged 8% to $7.59 on October 12, 2026, following premarket reports of advanced acquisition talks with private equity firms GTCR and Elliott Management. The stock has gained 7% the previous Friday when acquisition rumors first emerged. With a current market cap of $4.2 billion, CCC remains over 40% below its 2023 all-time high, presenting potential upside if a deal is completed.
Barclays analyst Rich Hightower maintains Equity Lifestyle Props (NYSE:ELS) with a Equal-Weight and lowers the price target from $69 to $66.