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Tyler Technologies with ticker code (TYL) now has 17 analysts covering the stock. Analyst consensus points to a Buy rating. The price target ranges between 500 and 365, with an average price target of 430.68. Given that the stock’s previous close was 292.63, this now indicates a potential upside of 47.2%. The 50-day MA is 347.47, while the 200-day moving average is 381.74. The company has a market cap of $11.989M. You can visit the company’s website by visiting: https://www.tylertech.com
The potential market cap would be $17,645 million based on market consensus.
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Tyler Technologies provides integrated information management solutions and services to the public sector. The company operates in three segments: Enterprise Software; Assessment and Taxes; and NICs. It offers financial management solutions, including modular fund accounting systems for government agencies or non-profit organizations; Utility billing systems for billing and collection of metered and unmetered services; products to automate city and county functions such as municipal courts, parking tickets, equipment and project costs, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, maintenance fleet and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of litigation solutions including case management, court and law enforcement, prosecutorial and oversight systems to handle multi-jurisdictional or statewide enforcement and single-county systems; public safety software solutions; systems and software for automating the assessment and valuation of real and personal property, and tax applications for agencies that charge and collect taxes; software solutions for planning, regulation and maintenance for public sector agencies; software applications for improving and automating operations involving records and document management; and data and insight solutions. It also offers software-as-a-service and e-filing solutions for courts and law firms; Software and hardware installation, data conversion, training, product modification and support and maintenance services; and outsourced property valuation services for tax jurisdictions. The company has a strategic cooperation agreement with Amazon Web Services for cloud hosting services. Tyler Technologies was founded in 1966 and is headquartered in Plano, Texas.
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