Morgan Stanley analyst James Faucette raised the firm’s price target on SS&C to $70 from $65 on Friday and kept an Equal Weight rating on the shares. The firm notes SS&C continues to deliver on mid to high single digit organic growth and while the multiple remains undemanding, it would like to observe organic growth performance amid more challenging compares before turning constructive.
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Read More on SSNC:
- SS&C price target raised to $85 from $79 at Raymond James
- SS&C reports Q3 adjusted EPS $1.29, consensus $1.26
- SS&C sees Q4 adjusted EPS $1.29-$1.35, consensus $1.35
- SS&C sees FY24 adjusted EPS $5.12-$5.18, consensus $5.16
- Is SSNC a Buy, Before Earnings?
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