Oppenheimer Starts Tyler Tech (TYL) at Outperform

Oppenheimer analyst Andrew Uerkwitz initiates coverage on Tyler Tech (NYSE: TYL) with a Outperform rating and a price target of $300.00.

The analyst comments "Tyler Technologies is a leader in public sector software that exclusively focuses on solutions for states, cities, counties, and school districts. Our Outperform rating is based on: 1) the company’s all-encompassing software solutions that meet every aspect of local and state governments’ needs in today’s global shift toward cloud computing and digitization; 2) its market leadership and unparalleled expertise in the public sector; and 3) its steady growth trajectory of recurring revenue streams."

For an analyst ratings summary and ratings history on Tyler Tech click here. For more ratings news on Tyler Tech click here.

Shares of Tyler Tech closed at $262.29 yesterday.

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