Jefferies Maintains a 'Buy' on SS&C Technologies (SSNC); Small 4Q11 EPS Beat; Slightly Bumping Outlook

Jefferies maintains a 'Buy' on SS&C Technologies (NASDAQ: SSNC) price target raised $1 to $22.

Jefferies analyst says, "SSNC reported mixed 4Q11 results (a slight rev miss/ NG EPS beat) and guided CY12 slightly ahead of the Street on rev/ NG Net Income. Organic growth is expected to be in the upper single digits in CY12, op margin is flat to up and balance sheet deleveraging lowers interest expense."

Jefferies raises FY12 EPS estimate from $1.18 to $1.22 and FY13 from $1.24 to $1.28.

For an analyst ratings summary and ratings history on SS&C Technologies click here. For more ratings news on SS&C Technologies click here.

Shares of SS&C Technologies closed at $18.99 yesterday.

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