NorthCoast Research has adjusted its price target for Tyler Technologies (TYL) to $430, down from $600, while reiterating a Buy rating on the stock. This adjustment places NorthCoast Research among several other firms that have recently lowered their price targets for Tyler Technologies, including Oppenheimer, Needham, TD Cowen, Stifel, Loop Capital, Goldman Sachs, Barclays, Piper Sandler, JPMorgan, Wolfe Research, Cantor Fitzgerald, Evercore ISI, and Truist Securities. Despite these reductions in price targets, many analysts, including NorthCoast Research, continue to maintain a “Buy” or “Overweight” rating for the software company, which specializes in information management software for the public sector.
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NorthCoast Research Adjusts Tyler Technologies Price Target to $430 From $600, Maintains Buy Rating
NorthCoast Research has adjusted its price target for Tyler Technologies (TYL) to $430, down from $600, while reiterating a Buy rating on the stock. This adjustment places NorthCoast Research among several other firms that have recently lowered their price targets for Tyler Technologies, including Oppenheimer, Needham, TD Cowen, Stifel, Loop Capital, Goldman Sachs, Barclays, Piper Sandler, JPMorgan, Wolfe Research, Cantor Fitzgerald, Evercore ISI, and Truist Securities. Despite these reductions in price targets, many analysts, including NorthCoast Research, continue to maintain a “Buy” or “Overweight” rating for the software company, which specializes in information management software for the public sector.