Baird Reiterates Neutral on Jack Henry & Associates, Maintains $176 Price Target
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has reiterated a Neutral rating on Jack Henry & Associates (NASDAQ:JKHY) and maintained a price target of $176. The reaffirmation of the Neutral stance and price target suggests that Baird's outlook on the company's stock remains unchanged.
January 30, 2024 | 7:01 pm
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Baird analyst David Koning reaffirmed a Neutral rating on Jack Henry & Associates with a maintained price target of $176, indicating no significant change in the company's stock outlook.
The reiteration of a Neutral rating with an unchanged price target typically indicates that the analyst believes the stock is fairly valued at its current price. There is no new information that would significantly change the market's perception of the stock's value, thus the short-term impact on the stock price is likely to be neutral.
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RELEVANCE 100