Seaport Research raised the firm’s price target on ACI Worldwide (ACIW) to $67 from $61 and keeps a Buy rating on the shares. Revenue was stronger than expected, which was driven by the Bank segment, the analyst tells investors. Looking ahead, the firm believes ACI Worldwide can build off its strong FY24 by continuing to generate top-line growth with expanding margins in FY25 and FY26.
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