RBC Capital raised the firm’s price target on Broadridge (BR) to $256 from $246 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company’s telegraphed, event-driven revenue came in at record levels for the quarter, driving upside to numbers and setting the stage for an easier baseline in FY25 guidance reiteration, the analyst tells investors in a research note.
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Read More on BR:
- Broadridge price target raised to $222 from $207 at Morgan Stanley
- Broadridge Earnings Call Highlights Growth and Challenges
- Broadridge Financial Solutions Reports Strong Q2 2025 Results
- Broadridge still sees FY25 adjusted EPS growth 8%-12% from $7.73 in FY24
- Broadridge reports Q4 adjusted EPS $1.56, consensus $1.49