TDV - Can CSG Systems Become A Billion Dollar Beacon In A Crowded Tech Market? Analyst Says Yes | Benzinga
RBC Capital Markets analyst Dan Bergstrom initiated coverage on CSG Systems International, Inc. (NASDAQ:CSGS) with an Outperform rating and price target of $61.
The analyst is bullish on the company’s goal to accelerate growth and scale by growing the business to more than $1.5 billion by CY/25E.
The analyst says the company can consistently grow organically in the 2%-6% range and strategic M&As, leading to margin expansion and driving EPS growth faster than revenue.
The analyst also sees revenue management ...