|Last Price$64.07||Day Change (%)0.69%|
|Open Price$63.22||Day Change ($)0.44|
|Day Range62.84–64.22||52-Week Range49.89–71.76|
As of Fri 10/21/2016 5:00:00 PM | USD
The wide-moat technology company's high customer switching costs and transition to a cloud-based platform should combine for solid long-term cash flow growth.
With the acquisition of MicroEdge, we see plenty of cross-selling and market-expanding opportunities for the combined entity.
But online giving grew 11%, according to Blackbaud ’s Charitable Giving Report.
We recently upgraded a few banks and enterprise software firms to wide moat status, and raised our fair value estimates on health-care REITs.
Overall charitable giving in the U.S. last year was relatively flat, but online giving saw double-digit growth, according to recent research by Blackbaud .