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TYL

Tyler Technologies

$237.08

-3.47 (-1.44%)

09:19
07/25/18
07/25
09:19
07/25/18
09:19

Tyler Technologies signs agreement with Summit County consortium in Ohio

Tyler Technologies announced that it has signed an agreement with the Summit County Consortium in Ohio for a full suite of Tyler's public safety solutions. The agreement extends to six public safety answering points, or PSAPs for the Summit County Sheriff's Office and the cities of Green, Stow, Cuyahoga Falls, Fairlawn, and Akron. Through the agreement, Tyler will provide its new world public safety solutions to 26 agencies served by the six PSAPs in Summit County. The Summit County Consortium was looking for a platform to elevate their public safety software and create efficiencies through consolidation. The cities of Stow and Cuyahoga Falls were already Tyler clients.

  • 27

    Jul

  • 04

    Sep

TYL Tyler Technologies
$237.08

-3.47 (-1.44%)

06/25/18
PIPR
06/25/18
NO CHANGE
Target $260
PIPR
Overweight
Tyler Technologies price target raised to $260 from $242 at Piper Jaffray
Piper Jaffray analyst Alex Zukin raised his price target on Tyler Technologies to $260 from $242 and reiterated an Overweight rating after meeting with CFO Brian Miller last week. In a research note to investors, Zukin said conversations with the executive suggest that business momentum remains strong and that end market demand remains robust and that Socrata "had everyone excited about the potential." Zukin sees Tyler as being able to maintain double digit top line growth and 100-150 basis points of margin expansion annually, as Tyler is expected to directly benefit from an improving domestic macro environment and recent rulings that could strengthen state and local budgets.
04/24/18
NORL
04/24/18
NO CHANGE
Target $240
NORL
Outperform
Tyler Technologies price target raised to $240 from $200 at Northland
Northland analyst Tim Klasell raised his price target for Tyler Technologies to $240 from $200 after attending the opening day of its user conference. The analyst notes that the Socrata acquisition was highlighted at the management meeting, and while small he thinks it will be leveraged across most of Tyler's product line. Klasell reiterates an Outperform rating on the shares.
04/24/18
NEED
04/24/18
NO CHANGE
Target $250
NEED
Buy
Tyler Technologies price target raised to $250 from $235 at Needham
Needham analyst Scott Berg raised his price target on Tyler Technologies to $250 and kept his Buy rating, citing his observations from the company's annual customer conference yesterday. Berg notes that local government spending looks to remain above-average, driving Tyler Technologies' 10% or more organic revenue growth. The analyst also sees Socrata acquisition producing a "home run" once integration is completed in 2-3 years.
04/23/18
DADA
04/23/18
NO CHANGE
Target $200
DADA
Neutral
Tyler Technologies price target raised to $200 from $190 at DA Davidson
DA Davidson analyst Peter Heckmann raised his price target on Tyler Technologies to $200 ahead of the company's Q1 earnings next week which he expects to produce a modest beat. The analyst is also building the acquisition of Socrata announced last week into his model, though he also warns that in the near term the integration will produce some margin pressure. Heckmann keeps his Neutral rating on Tyler Technologies.

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