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Jack Henry price target lowered to $183 from $190 at Keefe Bruyette

Keefe Bruyette lowered the firm’s price target on Jack Henry (JKHY) to $183 from $190 and keeps a Market Perform rating on the shares. The revenue softness near-term appears mostly to be the result of weaker non-strategic and non-recurring revenues and the impacts are largely transitory, the analyst tells investors in a research note.

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