There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Maxlinear (MXL – Research Report) and Tyler Technologies (TYL – Research Report) with bullish sentiments.
Needham analyst Quinn Bolton maintained a Buy rating on Maxlinear today and set a price target of $65.00. The company’s shares closed last Wednesday at $43.99.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of
Maxlinear has an analyst consensus of Strong Buy, with a price target consensus of $69.13, which is a 59.5% upside from current levels. In a report released today, Wells Fargo also upgraded the stock to Buy with a $66.00 price target.
Tyler Technologies (TYL)
In a report released today, Scott Berg from Needham maintained a Buy rating on Tyler Technologies, with a price target of $575.00. The company’s shares closed last Wednesday at $370.50, close to its 52-week low of $368.72.
According to TipRanks.com, Berg is a 5-star analyst with an average return of
Tyler Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $516.67, representing a 37.7% upside. In a report issued on April 18, Loop Capital Markets also initiated coverage with a Buy rating on the stock with a $520.00 price target.
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