DA Davidson analyst Peter Heckmann lowered the firm’s price target on Jack Henry to $188 from $198 and keeps a Neutral rating on the shares after its Q2 earnings miss. The quarter’s update was mixed with the biggest factor being a reduction in forecasted de-conversion fees for the year, though Q2 also set a new quarterly sales record for the company, the analyst tells investors in a research note.
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Published first on TheFly
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Read More on JKHY:
- Jack Henry price target lowered to $175 from $190 at Baird
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