Piper Sandler Starts Jack Henry (JKHY) at Neutral

Piper Sandler analyst Bill Carcache initiates coverage on Jack Henry (NASDAQ: JKHY) with a Neutral rating and a price target of $171.00.

The analyst comments "JKHY—Neutral: High-quality, mission-critical infrastructure business with durable cash generation and Payments expansion, but we believe the current valuation is full and see the risk-reward as balanced. We would view a more attractive entry point as an opportunity to become more constructive."

For an analyst ratings summary and ratings history on Jack Henry click here. For more ratings news on Jack Henry click here.

Shares of Jack Henry closed at $158.48 yesterday.

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