JPMorgan analyst Sterling Auty lowered his price target for RealPage to $70 while keeping an Overweight rating on the shares. Revenue in Q4 was shy of expectations, and for the second quarter in a row the revenue guidance was disappointing, Auty tells investors in a post-earnings research note. However, the issue does not appear related to demand but rather related to customer implementations being less efficient as customers are buying more products in each of these larger deals, says the analyst. In addition, Auty attributes some of the guidance to the new CFO Tom Ernst taking a prudent approach. He believes the setup for RealPage shares should better for the remainder of 2019.