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Needham Lowers Price Target for Tyler Technologies (TYL) to $400
Needham has lowered its price target for Tyler Technologies (TYL) to $400 from $750, a significant 46.67% decrease, while maintaining a Buy rating. This adjustment comes amidst several other analyst updates for TYL, including DA Davidson upgrading its rating to Buy with a reduced price target to $460. Wall Street analysts currently project an average target price of $502.91 for TYL, implying a 75.21% upside from its current price of $287.04.