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

Investing.com
04 Feb

Investing.com -- 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, pointing to upside from capital markets activity, a product refresh for Blue Prism, and potential customer wins for DomaniRx.

Meanwhile, Jefferies downgraded Sapiens International (NASDAQ:SPNS) Corp NV to "Hold" from "Buy," lowering its price target to $28 from $36. The firm flagged a challenging 2025, with organic growth likely remaining weak, particularly in North America’s property and casualty sector and amid broader macro pressures in Europe.

The brokerage also noted concerns over potentially soft guidance for Sprout Social (NASDAQ:SPT) and ZoomInfo Technologies but remained positive on Similarweb (NYSE:SMWB) due to expected solid guidance and strong demand trends.

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