Truist analyst Terry Tillman lowered the firm’s price target on SS&C to $55 from $75 and keeps a Hold rating on the shares. The analyst is citing sustained valuation weakness across software and tech-enabled service stocks, though he remains positive on its market leadership and also "intrigued" by opportunities with Blue Prism. Tillman adds however that SS&C’s organic growth rate is relatively low, and the stock’s risk-reward profile is "relatively balanced".
Published first on TheFly
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