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Jack Henry price target lowered to $204 from $212 at DA Davidson

DA Davidson lowered the firm’s price target on Jack Henry (JKHY) to $204 from $212 and keeps a Buy rating on the shares following Q4 earnings “modestly” above forecasts. Following the Q4 update, DA Davidson has fine-tuned its forecasts but the changes on an annual basis are modest, the firm told investors in a research note.

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