Oppenheimer analyst Dominick Gabriele lowered the firm’s price target on Jack Henry to $181 from $191 and keeps an Outperform rating on the shares following quarterly results. The firm believes that the company’s overall stable revenue growth and high ROIC profile will likely regain investor confidence in the coming months.
Published first on TheFly
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Read More on JKHY:
- Jack Henry sees FY23 GAAP EPS $4.79-$4.83, consensus $4.94
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- William Blair starts Jack Henry at Outperform with fundamental drivers intact
