Needham raised the firm’s price target on Agilysys (AGYS) to $105 from $100 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s results were solid, spurred mainly by stronger subscription growth and professional services revenue, the analyst tells investors in a research note. While the FY26 revenue guide is softer than expected, it could be conservative as it does not include any contribution from the Marriott PMS roll-out and reflects a cautious macro backdrop, Needham adds.
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