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ACI Worldwide (ACIW) Gets a Buy from D.A. Davidson

Tipranks - Tipranks - Sat Feb 28, 8:20AM CST

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on ACI Worldwide today and set a price target of $60.00.

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Heckmann covers the Technology sector, focusing on stocks such as Tyler Technologies, I3 Verticals, and Alight. According to TipRanks, Heckmann has an average return of 4.2% and a 48.31% success rate on recommended stocks.

In addition to D.A. Davidson, ACI Worldwide also received a Buy from TipRanks – PerPlexity’s PerPlexity Software – Infrastructure in a report issued yesterday. However, on the same day, TipRanks – xAI reiterated a Hold rating on ACI Worldwide (NASDAQ: ACIW).

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Based on ACI Worldwide’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $481.6 million and a net profit of $64.34 million. In comparison, last year the company earned a revenue of $453.04 million and had a net profit of $98.56 million

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