Jack Henry & Associates (JKHY) Gets a Buy from Wells Fargo
In a report released today, Jason Kupferberg from Wells Fargo maintained a Buy rating on Jack Henry & Associates, with a price target of $196.00.
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Kupferberg covers the Technology sector, focusing on stocks such as Automatic Data Processing, Epam Systems, and Fidelity National Info. According to TipRanks, Kupferberg has an average return of -6.8% and a 45.47% success rate on recommended stocks.
In a report released on March 16, RBC Capital also maintained a Buy rating on the stock with a $210.00 price target.
Based on Jack Henry & Associates’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $619.33 million and a net profit of $124.67 million. In comparison, last year the company earned a revenue of $573.85 million and had a net profit of $97.85 million
Read More on JKHY:
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- Balancing Long-Term Core Banking Upside and Near-Term Valuation: Why Jack Henry Remains a Hold
- The Week That Was, The Week Ahead: Macro and Markets, Mar. 1
- Wells Fargo upgrades Jack Henry to Overweight, raises target to $196
- Jack Henry upgraded to Overweight from Equal Weight at Wells Fargo
- Jack Henry raises quarterly dividend 6% to 61c from 58c per share
