Barclays has maintained its “Overweight” rating for Tyler Technologies (TYL) but significantly lowered its price target from $715 to $410, a 42.66% decrease, reflecting updated valuation assessments. This adjustment follows several other analyst actions, with the firm’s average target price from 20 analysts now standing at $502.91, implying a potential upside of 64.84% from its current price. GuruFocus estimates the fair value (GF Value) for TYL to be $580.80, suggesting an even higher upside of 90.37%.
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Barclays Lowers Price Target for Tyler Technologies (TYL) to $410
Barclays has maintained its “Overweight” rating for Tyler Technologies (TYL) but significantly lowered its price target from $715 to $410, a 42.66% decrease, reflecting updated valuation assessments. This adjustment follows several other analyst actions, with the firm’s average target price from 20 analysts now standing at $502.91, implying a potential upside of 64.84% from its current price. GuruFocus estimates the fair value (GF Value) for TYL to be $580.80, suggesting an even higher upside of 90.37%.