Barclays analyst Saket Kalia lowered the firm’s price target on Tyler Technologies (TYL) to $695 from $700 and keeps an Overweight rating on the shares. The company reported solid Q1 results but softer software-as-a-service bookings from some longer sales cycles due to macro uncertainty, tough compare, and deal timing, the analyst tells investors in a research note.
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Read More on TYL:
- Tyler Technologies Reports Strong Q1 2025 Earnings
- Tyler Technologies: Buy Rating Amid Growth Potential and Market Challenges
- Strong Market Position and Robust Financial Performance Justify Buy Rating for Tyler Technologies
- Tyler Technologies raises FY25 EPS view to $11.05-$11.35 from $10.90-$11.15
- Tyler Technologies reports Q1 EPS $2.78, consensus $2.56
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