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Fly News Breaks for May 31, 2018
SSNC
May 31, 2018 | 08:19 EDT
As previously reported, Credit Suisse analyst Brad Zelnick started coverage of SS&C with an Outperform rating and $60 price target as he believes its strategic focus, portfolio breadth, and fund-admin market leadership create a competitive moat that positions the company to benefit from various forces shaping the financial services industry. Further, the analyst believes there is more upside potential from the DST acquisition than is currently reflected in the price and sees substantial opportunity remaining for further accretive acquisitions.
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