BTIG assumed coverage of Agilysys (AGYS) with a Neutral rating. The company has been firing on all cylinders with subscription revenue from property management system and point-of-sale segments accelerating to 55% and 18%, respectively, the analyst tells investors in a research note. Agilysys momentum has been driven by improved execution and a re-engineered PMS platform that includes its add-on solutions for greater product bundling, the firm added.
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Read More on AGYS:
- Agilysys initiated with a Neutral at BTIG
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