In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on ACI Worldwide (ACIW – Research Report), with a price target of $34.00. The company’s shares closed yesterday at $23.03.
According to TipRanks, Heckmann is an analyst with an average return of -3.1% and a 38.46% success rate. Heckmann covers the Financial sector, focusing on stocks such as Envestnet, Shift4 Payments, and Clearwater Analytics Holdings.
In addition to D.A. Davidson, ACI Worldwide also received a Buy from Canaccord Genuity’s Joseph Vafi in a report issued yesterday. However, on the same day, Needham maintained a Hold rating on ACI Worldwide (NASDAQ: ACIW).
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The company has a one-year high of $29.14 and a one-year low of $19.56. Currently, ACI Worldwide has an average volume of 433.3K.
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ACI Worldwide (ACIW) Company Description:
ACI Worldwide, Inc. engages in the development, marketing, installation, and support of software products and solutions primarily focused on facilitating real-time electronic payments. It operates through the following segments: ACI on Premise and ACI on Demand.. The ACI on Premise segment serves customers who manage their software on site. The ACI on Demand segment covers the needs of banks, financial intermediaries, merchants, and corporates who use payments to facilitate their core business. The company was founded in 1975 and is headquartered in Naples, FL.
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