BUZZ-Jack Henry rises as Wells Fargo lifts rating, boosts price target
جاك هنري وشركاه +0.01%
Jack Henry & Associates, Inc. JKHY | 151.42 | +0.01% |
** Shares of bank tech provider Jack Henry JKHY.O rise 1.64% to $159.34
** Wells Fargo upgrades JKHY to "overweight" from "equal weight"; raises PT to $196 from $181
** New PT represents 25% upside to the stock's last close
** Brokerage cites increasing confidence in F27 revenue growth acceleration and robust competitive position
** Expect continued market share gains in the wake of competitor missteps - Wells Fargo
** 12 of 17 analysts rate stock "strong buy" or "buy" and five "hold"; their median PT is $205- data compiled by LSEG
** Including session's move, JKHY down 4.4% in the last 12 months
