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Needham Noted Value-Accretive Acquisition Activity for SS&C Technologies Holdings, Inc. (SSNC)
Yahoo Finance· 2026-02-12 13:51
Core Insights - SS&C Technologies Holdings, Inc. is recognized as the sixth best strong buy tech stock to invest in [1] - Needham has lowered its price target for SS&C from $105 to $95 while maintaining a Buy rating, highlighting the company's strong performance in revenue and earnings [2] - The company reported record Q4 results with $1.655 billion in revenue, $1.69 EPS, and $651 million EBITDA, driven by outsourcing, Calastone integration, and artificial intelligence [3] Company Overview - SS&C Technologies is a U.S. financial and healthcare technology company that provides software and software-enabled services for investment management, fund administration, accounting, reporting, and healthcare operations [4] Growth Drivers - Major growth drivers for SS&C include robust cash flow, above 100% conversion rates, and a focus on share repurchases, alongside the integration of Calastone and advancements in artificial intelligence [3]