Raymond James Maintains Strong Buy on SS&C Techs Hldgs, Lowers Price Target to $71
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Patrick O'Shaughnessy has maintained a 'Strong Buy' rating on SS&C Techs Hldgs (NASDAQ:SSNC), but lowered the price target from $74 to $71.
July 28, 2023 | 12:20 pm
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Despite a lowered price target, SS&C Techs Hldgs retains a 'Strong Buy' rating from Raymond James, indicating continued confidence in the company's performance.
The lowered price target might initially cause some investor concern, potentially leading to short-term volatility in the stock price. However, the maintained 'Strong Buy' rating indicates that the analyst still has high confidence in the company's future performance, which could offset any negative impact from the lowered price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100