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Investing.com - DA Davidson has reiterated its Buy rating on SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) with a price target of $102.00 following the company’s third-quarter results.
SS&C Technologies reported third-quarter results with total revenue and adjusted EBITDA both exceeding DA Davidson’s forecasts by 2%.
In conjunction with the earnings report, SS&C Technologies management raised the midpoints of their previous 2025 guidance ranges, increasing the midpoints of adjusted net income and adjusted EPS guidance ranges by 2% each.
The company held a conference call to provide additional details on the quarterly performance after releasing the results.
DA Davidson indicated it plans to review its notes and anticipates updating its forecasts for SS&C Technologies in the near future.
In other recent news, SS&C Technologies Holdings Inc. reported its third-quarter 2025 earnings, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $1.57, compared to the forecasted $1.47. The company’s revenue also exceeded projections, reaching $1.57 billion against a forecast of $1.55 billion. SS&C Technologies generated record revenues and EBITDA, with foreign exchange neutral organic growth of 5.2% year-over-year. The GlobeOp division led the growth with a 9.6% increase. In addition, Needham raised its price target for SS&C Technologies to $105 from $100, maintaining a Buy rating on the stock. These developments highlight SS&C Technologies’ strong financial performance and positive outlook from analysts.
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