BTIG Maintains Buy on Jack Henry & Associates, Lowers Price Target to $173
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Lance Jessurun has maintained a 'Buy' rating on Jack Henry & Associates (NASDAQ:JKHY) but lowered the price target from $200 to $173.
August 17, 2023 | 3:40 pm
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Jack Henry & Associates' price target has been lowered from $200 to $173 by BTIG, though the 'Buy' rating is maintained.
The lowering of the price target by BTIG could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100