KeyBanc analyst Arvind Ramnani raised his price target for Q2 Holdings to $102 from $98, while reiterating an Overweight rating on the shares. Based on detailed customer checks and discussions, the analyst is "incrementally more positive" in the potential for Q2's broadened portfolio of modern cloud-based solutions. Market adoption of recently acquired assets are gaining traction ahead of his expectations with existing/new clients, exhibited by recent wins. Further, by expanding their product suite, Q2 has increased relevance with larger Tier 1 institutions, which in the analyst's view is indicative of the "robustness of its offering."