10:55 AM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We trim our 12-month target price by $5 to $30, applying an EV/revenue multiple of 2.0x to our 2026 estimate, a premium to peers, reflecting our stronger growth outlook. We raise our 2025 EPS estimate by $0.11 to $2.87 and increase 2026's by $0.07 to $3.15. There was significant momentum in upselling and cross-selling more software into the existing customer base, resulting in the highest ever installed base bookings in Q2. Although these bookings have a longer revenue ramp, they provide a strong foundation for future growth. The company's transformation initiatives, AI momentum, and focus on operational efficiency were highlighted as direct contributors to increased profitability and revenue growth. Enterprise AI new logo bookings more than doubled Y/Y, and installed base AI bookings more than quadrupled, indicating rapid adoption of AI products by both new and existing customers.