SS&C Technologies (SSNC) Tops Q1 EPS by 2c

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Needham & Company Raises Price Target on SS&C Technologies (SSNC) Following Strong 1Q

May 6, 2016 7:07 AM EDT

Needham & Company reiterated a Buy rating on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), and raised the price target to $78.00 (from $76.00), following the company's 1Q earnings report. 1Q revenue rose 66.5% Y/Y to $343.1MM, ahead of consensus estimates ($340MM). SSNC posted $0.74 in EPS, $0.02 above... More