Goldman Sachs Downgrades Jack Henry & Associates to Sell, Announces $140 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Will Nance has downgraded Jack Henry & Associates (NASDAQ:JKHY) from Neutral to Sell and set a price target of $140.
October 12, 2023 | 9:00 am
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Goldman Sachs has downgraded Jack Henry & Associates to Sell from Neutral and set a price target of $140.
The downgrade from Goldman Sachs, a major financial institution, could negatively impact investor sentiment towards JKHY. The new price target of $140 may also suggest that the stock is currently overvalued, which could lead to a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100