Baird Maintains Neutral on Jack Henry & Associates, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has maintained a Neutral rating on Jack Henry & Associates (NASDAQ:JKHY) and raised the price target from $180 to $186.

April 17, 2024 | 11:42 am
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Baird analyst David Koning maintains a Neutral rating on Jack Henry & Associates but raises the price target from $180 to $186.
The adjustment in price target by Baird reflects a positive outlook on the company's valuation, albeit the Neutral rating suggests that the analyst sees limited upside potential or remaining uncertainties that prevent a more bullish stance. This could lead to a neutral short-term impact on the stock as the market digests the implications of the new price target against the backdrop of the maintained rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100