7/104 sources · 4 publishersUpdated Oct 10, 10:22 UTC
Piper Sandler upgrades Jack Henry to Overweight with $175 price target
Piper Sandler raised its rating on Jack Henry & Associates (JKHY) from Neutral to Overweight, citing improved risk‑reward and high earnings visibility. The firm set a new price target of $175, noting client retention above 99% and a record 58 competitive core wins in fiscal 2026. It also projected core earnings per share of $7.21 for FY2027, $7.89 for FY2028 and $8.54 for FY2029.
Why it matters
The upgrade and $175 target suggest upside of about 17% from the current price, which could attract buying interest and support the stock’s momentum.
Key facts
- 1Piper Sandler upgraded Jack Henry & Associates to Overweight from Neutral. investing.com
- 2The firm set a price target of $175.00. investing.com
- 3Jack Henry trades at a P/E ratio of 21.3. investing.com
- 4Jack Henry’s PEG ratio is 1.75. investing.com
- 5Core client retention is above 99%. investing.com
- 6The company recorded 58 competitive core wins in fiscal 2026. investing.com
Summary written by AlphAI AI Desk from 4 of 4 sources. Not investment advice. Figures are as stated by the linked sources.