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Investing.com - UBS raised its price target on SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) to $110.00 from $108.00 on Friday, while maintaining a Buy rating on the financial software company’s stock.
The price target adjustment represents the highest on Wall Street for SS&C Technologies, according to UBS.
UBS cited increased traction and capital return as key factors behind the decision to boost the price target for the Windsor, Connecticut-based financial services software provider.
The firm noted that SS&C’s stock remains undervalued and doesn’t fully reflect current fundamentals.
UBS specifically mentioned positive developments with SS&C’s Black Diamond (NASDAQ:CLAR) Wealth Platform software, which is part of the company’s Wealth & Investment Technologies segment that represents approximately 25% of SS&C’s revenue.
In other recent news, SS&C Technologies Holdings, Inc. reported impressive second-quarter 2025 earnings, surpassing analyst expectations with an adjusted earnings per share of $1.45, compared to the forecasted $1.39. The company achieved a record adjusted revenue of $1.54 billion, exceeding the anticipated $1.51 billion. Following these results, DA Davidson raised its price target for SS&C Technologies to $102 from $98, while maintaining a Buy rating on the stock. The financial technology firm exceeded DA Davidson’s forecasts, with total revenue coming in 1% above expectations and adjusted EBITDA surpassing projections by 3%. Additionally, SS&C Technologies announced an 8% increase in its annual dividend, raising it to $1.08 per share. The next quarterly dividend of $0.27 per share will be distributed on September 15, 2025, to stockholders of record as of September 2, 2025. These developments reflect the company’s strong financial performance and positive outlook from analysts.
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