RBC Capital raised the firm’s price target on Roper Technologies to $675 from $674 and keeps an Outperform rating on the shares. The company’s $1.5B Transact Campus acquisition nicely complements its legacy CBORD business, more than doubling Roper’s Card Systems/Integrated Security Solutions footprint, the analyst tells investors in a research note. At about 14-times expected 2025 EBITDA, the multiple is also below some of Roper’s more recent software deals, the firm added.
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