01:05 PM EDT, 08/05/2025 (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:

Our target of $300 (up $30), 29.3x our FY 27 (Jun.) EPS view, is above historical and peer averages given BR's high-quality recurring revenue base, providing predictable cash flows. We keep our FY 26's EPS forecast at $9.49 and start FY 27's at $10.24. BR provided guidance for FY 26, projecting recurring revenue growth of 5%-7% and adj. EPS growth of 8%-12% ($9.41 at the midpoint vs $9.19 consensus). The decline in FY 25 closed sales was disappointing but was driven by elongated sales cycles causing clients to delay discretionary technology investment decisions. We expect a reversal in FY 26 (mid-to-high single-digit growth), supported by a growing demand for innovative solutions like voting choice products, AI-enabled data solutions, and wealth platform. Despite the challenging macro environment, we remain positive on BR's prospects, such as consistent recurring revenue growth, a healthy $430M backlog, and a scalable business model that is well positioned to benefit from long-term market trends.