Tyler Technologies Upgraded by Sidoti to Buy (TYL)
Tyler Technologies (NYSE:TYL) was upgraded by investment analysts at Sidoti from a “neutral” rating to a “buy” rating in a note issued to investors on Monday, TheFlyOnTheWall.com reports.
Tyler Technologies (NYSE:TYL) traded up 3.62% during mid-day trading on Monday, hitting $105.96. 84,628 shares of the company’s stock traded hands. Tyler Technologies has a 1-year low of $53.00 and a 1-year high of $107.99. The stock has a 50-day moving average of $102.7 and a 200-day moving average of $89.51. The company has a market cap of $3.417 billion and a price-to-earnings ratio of 92.13.
Several other analysts have also recently commented on the stock. Analysts at Northland Securities raised their price target on shares of Tyler Technologies to $120.00 in a research note to investors on Wednesday, January 15th. Analysts at Northland Capital Partners raised their price target on shares of Tyler Technologies from $105.00 to $120.00 in a research note to investors on Wednesday, January 15th. They now have an “outperform” rating on the stock. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Tyler Technologies presently has a consensus rating of “Hold” and an average price target of $92.80.
Tyler Technologies, Inc (NYSE:TYL) is a provider of integrated information management solutions and services for the public sector, with a focus on local governments.
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