Raymond James analyst Patrick O’Shaughnessy raised the firm’s price target on SS&C to $101 from $95 and keeps a Strong Buy rating on the shares following the recently closed acquisition of Calastone and ahead of Q3 financial results. The firm sees potential upside to SS&C’s 2025 organic revenue growth outlook due to the weakening U.S. dollar, an improving M&A backdrop, and the onboarding of Australian client Insignia, and while the recent share price weakness may reflect concerns about the competitive threat from AI, this risk should largely be limited to SS&C’s Blue Prism robotic process automation business, the analyst tells investors in a research note.
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