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Fly News Breaks for November 29, 2018
SSNC
Nov 29, 2018 | 13:35 EDT
Evercore ISI analyst Rayna Kumar resumed coverage of SS&C with an Outperform rating and $74 price target and increased her 2018, 2019 and 2020 EPS estimates to account for the company's Q3 earnings outperformance and the closing of its Intralinks acquisition. Intralinks expands SS&C's offerings in M&A due diligence, capital raising, investor reporting and debt financing while also providing cross sell opportunities, Kumar tells investors.