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Tyler Technologies price target lowered to $695 from $700 at Barclays

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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