Category: Markets
Published: 2026-07-31T12:36:01.000Z
BTIG Research has lowered its price target for Tyler Technologies (NYSE:TYL) to $400.00 from $420.00, while maintaining a "Buy" rating, suggesting a potential upside of 23.2% from its previous close. This adjustment comes after Tyler Technologies reported second-quarter EPS slightly above estimates but revenue that modestly missed consensus, despite an 8.2% year-over-year increase. The company also announced a new $1.5 billion share-repurchase program and reaffirmed its 2026 EPS guidance, leading to a 2.6% stock decline due to investor disappointment over the unraised outlook.
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