ACI Worldwide price target raised to $40 from $38 at Craig-Hallum

Craig-Hallum analyst George Sutton raised the firm’s price target on ACI Worldwide to $40 from $38 and keeps a Buy rating on the shares. The firm says that when one puts together the combination of its stock chart and recent fundamental performance, it believes the stock will start to appeal as a growth stock opportunity, while still in the growth at a reasonable price bucket from a valuation perspective.