Needham lowered the firm’s price target on Tyler Technologies (TYL) to $400 from $750 and keeps a Buy rating on the shares. The company reported a solid Q4 with SaaS bookings ahead of expectations, the analyst tells investors in a research note. Tyler is also poised for their largest year of share repurchases in company history following the significant de-rating of shares, the firm added.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TYL:
- Tyler Technologies price target lowered to $400 from $550 at Stifel
- Compelling Value in Tyler: Resilient SaaS Growth, Strong FCF, and Discounted Valuation Support Buy Rating
- Vanguard S&P 500 ETF (VOO) Daily Update, 2/13/2026
- Tyler Technologies price target lowered to $543 from $671 at Piper Sandler
- Tyler Technologies price target lowered to $410 from $715 at Barclays