Information Provided By:
Fly News Breaks for December 13, 2019
SSNC
Dec 13, 2019 | 08:17 EDT
Deutsche Bank analyst Ashish Sabadra raised his price target for SS&C Technologies to $75 from $64 and keeps a Buy rating on the shares. The company plans to selectively raise pricing by 3%-5%, which should help improve revenue growth in 2020 along with "robust" margin expansion, Sabadra tells investors in a research note titled "Pulling the Pricing Lever."