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Jefferies Reiterates Buy as SS&C Technologies (SSNC) Announces Wells Fargo Fund Services Acquisition

September 15, 2016 7:21 AM EDT

Jefferies reiterated a Buy rating and $36.00 price target on SS&C Technologies Holdings, Inc. (NASDAQ: SSNC) as the company prepares to acquire Wells Fargo Global Fund Services. While no financial terms were disclosed, Jefferies assess' the acquisition cost to be relatively immaterial. Wells... More