Fly News Breaks for July 30, 2019
SSNC
Jul 30, 2019 | 09:32 EDT
Needham analyst Mayank Tandon lowered his price target on SS&C to $65 after its in-line Q2 results and a cut in FY19 estimates due to lower trading and M&A volume headwinds. The analyst keeps his Strong Buy rating however, stating that in spite of the "disappointing" near-term outlook, the company can generate a "solid" low double-digit earnings growth over the long term with its M&A and organic growth opportunities.
News For SSNC From the Last 2 Days
SSNC
Apr 25, 2024 | 16:11 EDT
Sees Q2 revenue $1.412B-$1.452B, consensus $1.43B.