Broadridge Financial Solutions is trading 5.02% up now at $180.89, following RBC’s reported price-target increase to $225 from $200 while maintaining an Outperform rating.
- Positive sentiment also follows August 4 earnings that exceeded expectations; fiscal 2027 guidance calls for 6%-8% recurring-revenue growth and 8%-12% adjusted EPS growth.
- Broadridge approved a 12% dividend increase and a new $1.5 billion share-repurchase authorization.
- The broader market is only modestly mixed, so company-specific optimism appears more influential.