BUZZ-RBC upgrades Jack Henry to 'outperform' on Fiserv platform shake‑up
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RBC Capital Markets upgrades Jack Henry & Associates to "outperform" due to Fiserv's platform consolidation, which may lead to increased business for JKHY. JKHY has boosted R&D spending, enhancing its tech leadership and driving record sales. RBC raises the price target to $210, indicating an 11.9% upside. Currently, 7 out of 17 brokerages rate the stock as "buy" or higher, with a median price target of $187. JKHY's stock is up 7% year-to-date.
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