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Fly News Breaks for March 12, 2018
TYL
Mar 12, 2018 | 07:56 EDT
As previously reported, Evercore ISI downgraded Tyler Technologies to In Line from Outperform and raised its price target to $113. Analyst Kirk Materne is taking a "few chips off the table" and said Tyler's current valuation reflects a lower tax rate and higher levels of R&D spending.