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Analysts Offer Insights on Technology Companies: SS&C Technologies Holdings (SSNC) and Trade Desk (TTD)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SS&C Technologies Holdings (SSNCResearch Report) and Trade Desk (TTDResearch Report) with bullish sentiments.

SS&C Technologies Holdings (SSNC)

RBC Capital analyst Daniel Perlin maintained a Buy rating on SS&C Technologies Holdings on February 7 and set a price target of $65.00. The company’s shares closed last Wednesday at $63.74.

According to TipRanks.com, Perlin is a 5-star analyst with an average return of 8.7% and a 54.5% success rate. Perlin covers the Technology sector, focusing on stocks such as Jack Henry & Associates, Rackspace Technology, and Affirm Holdings.

SS&C Technologies Holdings has an analyst consensus of Strong Buy, with a price target consensus of $69.13, implying an 8.6% upside from current levels. In a report issued on January 26, D.A. Davidson also maintained a Buy rating on the stock with a $74.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Trade Desk (TTD)

RBC Capital analyst Matthew Swanson maintained a Buy rating on Trade Desk on February 7 and set a price target of $75.00. The company’s shares closed last Wednesday at $51.75.

According to TipRanks.com, Swanson has 0 stars on 0-5 stars ranking scale with an average return of -16.2% and a 37.3% success rate. Swanson covers the Technology sector, focusing on stocks such as PubMatic, Magnite, and Adobe.

Currently, the analyst consensus on Trade Desk is a Moderate Buy with an average price target of $63.77, implying a 21.6% upside from current levels. In a report issued on January 30, KeyBanc also maintained a Buy rating on the stock with a $55.00 price target.

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