RBC Capital lowered the firm’s price target on Jack Henry (JKHY) to $185 from $203 and keeps a Sector Perform rating on the shares. The company reported a “strong” Q4 with consistent core and complementary wins, though the management also called out several moving pieces playing into lighter-than-expected FY26 guidance, including a restructuring of a third-party contract, industry consolidation, deceleration in the number of accounts in banks and credit unions, and price compression in renewals, the analyst tells investors in a research note.
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Read More on JKHY:
- Jack Henry & Associates: Hold Rating Amid Medium-Term Growth Concerns and Mixed Financial Signals
- Jack Henry Reports Fiscal Year 2025 Revenue Highlights
- Jack Henry price target lowered to $185 from $195 at Baird
- Closing Bell Movers: La-Z-Boy down 24% after earnings miss
- Jack Henry sees FY26 GAAP EPS $6.32-$6.44, consensus $6.29