SS&C price target raised to $106 from $102 at DA Davidson

DA Davidson raised the firm’s price target on SS&C to $106 from $102 and keeps a Buy rating on the shares ahead of its Q4 results. The firm believes that the uptick in large corporate M&A activity will help the company’s Intralinks virtual data room operations accelerate growth sequentially after a couple slow quarters, the analyst tells investors in a research note.