Evercore ISI analyst Kirk Materne upgraded Tyler Technologies to Buy with a $184 price target. The analyst views risk/reward as attractive given steady state/local market demand trends and some upside potential when looking to CY17 in terms of upselling New World's Public Safety offering into the existing base as well as potential reacceleration in the e-Filing business as certain California counties come on line, incremental expenses around R&D this year are more "one-time" in nature, and premium valuation is justified given margin expansion, mix of growth, and its leading market position.
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSImpinj (PI) up... To see the rest of the story go to thefly.com. See Story Here