|Last Price$61.86||Day Change (%)-0.50%|
|Open Price$61.56||Day Change ($)-0.31|
|Day Range61.41–62.65||52-Week Range49.89–68.51|
As of Tue 5/3/2016 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 .