Jack Henry & Associates, Inc. (NASDAQ:JKHY) is one of the best information technology services stocks to buy now..
On February 5, TheFly reported that Morgan Stanley analyst James Faucette lifted the price target on Jack Henry & Associates, Inc. (NASDAQ:JKHY) from $168 to $183, keeping an Equal Weight rating on the stock.
The firm cited growing demand trends and favorable competitive commentary, which would lead to higher core revenue, as Faucette raised his year-over-year forecast to 6.5% in FY2027 and 7% in FY2028. Even though the rating remains Equal Weight, Faucette expects room for incremental upside as fundamentals remain stable and growth visibility improves.
Out of 17 analysts covering JKHY, 11 rate the stock as a Buy, while 5 have a Hold rating.
In another analyst update on February 17, Wells Fargo raised Jack Henry & Associates from Equal Weight to Overweight, increasing the price target from $181 to $196. TheFly mentioned that the firm sees growing confidence in JKHY’s 2027 revenue growth. Wells Fargo has added the firm to its ‘Fab 5’ list of top fintech stock picks.
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Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a financial technology firm that connects people and financial institutions through technology solutions and payment processing services.
While we acknowledge the potential of JKHY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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