SS&C price target raised to $75 from $72 at RBC Capital

RBC Capital raised the firm’s price target on SS&C to $75 from $72 and keeps an Outperform rating on the shares after its Q2 earnings beat and guidance raise. The acceleration of revenue growth continued this quarter to 6.4% y/y, which marked the fastest y/y organic revenue growth for the company since 2021, the analyst tells investors in a research note.