Cantor Fitzgerald analyst Matthew VanVliet raised the firm’s price target on Agilysys (AGYS) to $140 from $125 and keeps an Overweight rating on the shares. Agilysys delivered an impressive beat-and-raise Q2, with continued success in new bookings across net-new and existing customers, the analyst tells investors in a research note. The company continues to have a competitive advantage around its product platform alongside ongoing investments in brand awareness and sales execution, which should help gain additional market share, Cantor argues.
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