Morgan Stanley analyst James Faucette lowered the firm’s price target on SS&C to $86 from $92 and keeps an Equal Weight rating on the shares. The company is “proving the organic growth skeptics wrong” with consistent mid-single digit growth, though the AI risk narrative is “likely not over,” the analyst tells investors in a post-earnings note.
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Read More on SSNC:
- SS&C Technologies Earnings Call Highlights Record Profits
- SS&C Technologies: Reaccelerating Growth, Expanding Margins, and Compelling Valuation Support a Buy Rating
- SS&C price target lowered to $95 from $105 at Needham
- SS&C reports Q4 adjusted EPS $1.69, consensus $1.61
- SS&C sees Q1 adjusted EPS $1.62-$1.68, consensus $1.62
