2 ASX shares that multiple brokers really like
Summary
It has a broker network that get better market access, exclusive products and services through the Steadfast Group. It’s currently rated as a buy by at least three brokers, including the ones at Macquarie Group Ltd (ASX: MQG) that have a price target of $4.63 on FINEOS. In the quarter ending 31 March 2021, it revealed that FY21 total revenue is on track to hit the upper end of its guidance range of $102 million to $105 million and achieve the targeted 30% growth in subscription revenue (before the contribution from the Limelight acquisition). Spraoi is a leading provider of machine learning capabilities for the employee benefits and life industry. FINEOS is excited by this acquisition because it gives it immediate opportunities to leverage from its existing client base and product capabilities.