JP Morgan Initiates Coverage On Tyler Technologies with Overweight Rating, Announces Price Target of $472
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Alexei Gogolev initiates coverage on Tyler Technologies (NYSE:TYL) with an Overweight rating and announces a price target of $472.
June 21, 2023 | 9:50 am
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JP Morgan's Alexei Gogolev initiates coverage on Tyler Technologies with an Overweight rating and a price target of $472.
The initiation of coverage by JP Morgan with an Overweight rating and a price target of $472 indicates a positive outlook for Tyler Technologies. This news is likely to have a positive short-term impact on TYL's stock price as it suggests that the analyst believes the stock is undervalued and has potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100