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Wells Fargo upgrades Jack Henry to Overweight, raises target to $196

As previously reported, Wells Fargo upgraded Jack Henry (JKHY) to Overweight from Equal Weight with a price target of $196, up from $181. The firm cites increasing confidence in 2027 revenue growth acceleration, upside potential to 2027/2028 estimates, robust competitive position, overblown AI fears, and attractive valuation. Wells is adding it to its “Fab 5” of Fintech.

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