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Cantor Fitzgerald Adjusts Price Target on Tyler Technologies to $325 From $515, Maintains Neutral Rating
Cantor Fitzgerald has adjusted its price target for Tyler Technologies (TYL) from $515 to $325, while maintaining a Neutral rating on the stock. This adjustment comes amidst a series of reduced price targets from various analyst firms for Tyler Technologies, following what appears to be a challenging period for the company, including lower revenue guidance and earnings. Despite the lowered targets, a Buy rating consensus remains among a significant number of analysts.