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Fly News Breaks for July 27, 2015
SSNC
Jul 27, 2015 | 09:22 EDT
Sandler O'Neill upgraded SS&C Technologies to Buy with a $74 price target. The firm expects Advent acquisition synergies to exceed original guidance of $45M by mid-2018 and ultimately reach $70M. Sandler expects SS&C management to ultimately raise synergy guidance, potentially on the July 29 earnings call, but more likely on the Q3 or Q4 calls.