Needham Reiterates Buy on Tyler Technologies, Maintains $500 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Joshua Reilly has reiterated a Buy rating on Tyler Technologies (NYSE:TYL) and maintained a $500 price target on the stock.
February 16, 2024 | 10:04 am
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Needham analyst Joshua Reilly reaffirmed a Buy rating on Tyler Technologies and kept the price target at $500.
The reiteration of a Buy rating and maintenance of a high price target by a reputable analyst like Joshua Reilly can instill confidence in investors and potentially lead to a positive short-term impact on TYL's stock price. Analyst ratings, especially from well-regarded financial institutions like Needham, can significantly influence investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100