SS&C price target raised to $99 from $97 at RBC Capital

RBC Capital raised the firm’s price target on SS&C to $99 from $97 and keeps an Outperform rating on the shares. The company’s organic revenue growth accelerated meaningfully on stronger GlobeOp performance stemming from hedge fund clients, international wins, and private markets, as well as GIDS benefiting from successful lift outs in international markets, for which management called out a strong pipeline of more lift outs to support Q4 and FY26, the analyst tells investors in a research note.