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Jefferies upgrades SS&C, downgrades Sapiens ahead of Q4 reports


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Published in Stocks and Investing on Monday, February 3rd 2025 at 20:41 GMT by MSN   Print publication without navigation

  • Jefferies upgraded SS&C Technologies Holdings (NASDAQ:SSNC) Inc to "Buy" from "Hold" on expectations of sustainable mid-single-digit organic revenue growth and improving margins. The brokerage raised its price target to $94 from $70,

The article from MSN Money discusses recent analyst actions by Jefferies regarding two companies ahead of their Q4 earnings reports. Jefferies has upgraded SS&C Technologies Holdings, Inc. (SSNC) to a "Buy" rating, citing expectations of strong performance due to the company's diversified business model and potential for growth in financial technology solutions. Conversely, Jefferies has downgraded Sapiens International Corporation (SPNS) to a "Hold" rating, expressing concerns over potential challenges in the insurance software market, where Sapiens primarily operates. This downgrade reflects worries about slower growth and margin pressures in the sector. The article provides insights into the reasoning behind these changes in stock ratings, focusing on market conditions, company performance, and future outlooks.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/jefferies-upgrades-ss-c-downgrades-sapiens-ahead-of-q4-reports/ar-AA1ylytt ]

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