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Analysts Offer Insights on Technology Companies: Maxlinear (MXL) and Tyler Technologies (TYL)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Maxlinear (MXLResearch Report) and Tyler Technologies (TYLResearch Report) with bullish sentiments.

Maxlinear (MXL)

In a report released today, David Williams from Benchmark Co. reiterated a Buy rating on Maxlinear, with a price target of $62.00. The company’s shares closed last Wednesday at $41.12.

According to TipRanks.com, Williams is a 5-star analyst with an average return of 14.6% and a 58.5% success rate. Williams covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Lattice Semiconductor, and Rigetti Computing.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Maxlinear with a $55.71 average price target, which is a 41.9% upside from current levels. In a report issued on July 13, Susquehanna also maintained a Buy rating on the stock with a $60.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Tyler Technologies (TYL)

Needham analyst Joshua Reilly maintained a Buy rating on Tyler Technologies today and set a price target of $475.00. The company’s shares closed last Wednesday at $374.34.

According to TipRanks.com, Reilly has 0 stars on 0-5 stars ranking scale with an average return of -18.4% and a 19.2% success rate. Reilly covers the Technology sector, focusing on stocks such as Axon Enterprise, ChannelAdvisor, and Jamf Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tyler Technologies with a $452.00 average price target, which is a 24.2% upside from current levels. In a report issued on July 18, Piper Sandler also maintained a Buy rating on the stock with a $405.00 price target.

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