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Analysts Conflicted on These Technology Names: Tyler Technologies (TYL), Shutterstock (SSTK) and Everbridge (EVBG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Tyler Technologies (TYLResearch Report), Shutterstock (SSTKResearch Report) and Everbridge (EVBGResearch Report).

Tyler Technologies (TYL)

In a report released today, Joshua Reilly from Needham maintained a Buy rating on Tyler Technologies, with a price target of $475.00. The company’s shares closed last Tuesday at $313.07, close to its 52-week low of $281.11.

According to TipRanks.com, Reilly has 0 stars on 0-5 stars ranking scale with an average return of -8.5% and a 25.6% success rate. Reilly covers the Technology sector, focusing on stocks such as Axon Enterprise, Coupa Software, and Jamf Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tyler Technologies with a $439.50 average price target.

See the top stocks recommended by analysts >>

Shutterstock (SSTK)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Shutterstock, with a price target of $62.00. The company’s shares closed last Tuesday at $57.89.

According to TipRanks.com, McTernan is ranked 0 out of 5 stars with an average return of -22.2% and a 23.6% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

Currently, the analyst consensus on Shutterstock is a Moderate Buy with an average price target of $63.00.

Everbridge (EVBG)

In a report released today, Scott Berg from Needham maintained a Hold rating on Everbridge. The company’s shares closed last Tuesday at $28.39, close to its 52-week low of $24.10.

According to TipRanks.com, Berg is a 4-star analyst with an average return of 5.9% and a 45.1% success rate. Berg covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, BigCommerce Holdings, and Bill.com Holdings.

Currently, the analyst consensus on Everbridge is a Moderate Buy with an average price target of $32.86, implying a 16.7% upside from current levels. In a report issued on January 6, Wells Fargo also maintained a Hold rating on the stock with a $28.00 price target.

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