Fly News Breaks for February 13, 2020
SSNC
Feb 13, 2020 | 08:22 EDT
Needham analyst Mayank Tandon downgraded SS&C to Buy from Strong Buy but raised his price target to $78, up from $65. The analyst notes that the company beat on the top and bottom line for Q4 while providing a "solid" outlook for its Q1, but he is concerned with its "modest" organic growth and the lack of near-term M&A catalysts, which SS&C management has a history of executing in order to drive its outsized earnings growth.
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.