Tyler Technologies ( (TYL) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Tyler Technologies’ stock is on the rise after being placed on ‘Positive Catalyst Watch’ by JPMorgan, suggesting potential subscription revenue growth that could surpass expectations and ease investor worries. Despite a recent selloff, analysts maintain a strong belief in the stock, rating it as Overweight. The upcoming Q3 report is anticipated to be a key driver for further positive movement, with a consensus rating of Moderate Buy.
More about Tyler Technologies
YTD Price Performance: -15.48%
Average Trading Volume: 344,421
Technical Sentiment Signal: Sell
Current Market Cap: $21.47B
For further insights into TYL stock on TipRanks’ Stock Analysis page.
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