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Fly News Breaks for July 31, 2018
SSNC
Jul 31, 2018 | 11:48 EDT
JPMorgan analyst Sterling Auty views SS&C Technologies' acquisition of Eze Software as a positive. SS&C had been involved in bidding for Fidessa earlier this year and management found an alternative asset for a reasonable price, Auty tells investors in a research note. The analyst believes the acquisition is a good use of the company's cash relative to deleveraging the balance sheet. Cost and revenue synergies should create shareholder value, Auty tells investors in a research note. He keeps an Overweight rating on SS&C.
News For SSNC From the Last 2 Days
SSNC
Apr 25, 2024 | 16:12 EDT
SSNC
Apr 25, 2024 | 16:11 EDT
Sees Q2 revenue $1.412B-$1.452B, consensus $1.43B.
