DA Davidson Maintains Neutral on Tyler Technologies, Raises Price Target to $434
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann has maintained a Neutral rating on Tyler Technologies (TYL) and increased the price target from $412 to $434.
February 22, 2024 | 5:00 pm
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POSITIVE IMPACT
Tyler Technologies' price target was raised from $412 to $434 by DA Davidson, while maintaining a Neutral rating.
The increase in price target by DA Davidson suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on TYL's stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper the positive impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100