tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Jack Henry upgraded to Strong Buy from Market Perform at Raymond James

Raymond James double upgraded Jack Henry (JKHY) to Strong Buy from Market Perform with a $198 price target which represents 19% upside. The firm believes the company offers a combination of potential upside to near-term estimates and a “meaningful” share gain opportunity driven by a competitor’s core consolidation over the mid-term. Jack Henry could add as much as an incremental 130 core wins over the next three years, translating to an $80M revenue opportunity, or 50c in earnings per share, the analyst tells investors in a research note.

TipRanks Cyber Monday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1