TD Cowen lowered the firm’s price target on Tyler Technologies (TYL) to $500 from $800 and keeps a Buy rating on the shares. The firm said SaaS bookings growth of 9% accelerated but were below expectations due to duration headwinds.
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Read More on TYL:
- Tyler Technologies price target lowered to $400 from $750 at Needham
- Tyler Technologies price target lowered to $450 from $510 at Oppenheimer
- 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
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