Baird analyst David Koning raised the firm’s price target on Jack Henry to $176 from $168 and keeps a Neutral rating on the shares. The analyst said 2023 revenue guidance was raised and EPS guide raised on higher term fees. We are encouraged there appears to be no impact from recent bank fears, but view valuation as balanced.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on JKHY:
- Jack Henry sees FY 23 EPS $4.85 – $4.87, consensus $4.81
- Jack Henry reports Q3 EPS $1.12, consensus $1.10
- Jack Henry & Associates, Inc. Reports Third Quarter Fiscal 2023 Results
- JKHY Earnings this Week: How Will it Perform?
- Jack Henry price target lowered to $180 from $188 at DA Davidson
Questions or Comments about the article? Write to editor@tipranks.com