JMP Securities raised the firm’s price target on Tyler Technologies to $580 from $490 and keeps an Outperform rating on the shares ahead of the Q2 earnings report. The firm’s various discussions in the field and notable headlines point to key themes, including updates on the Collaborative Combat Aircraft program by the U.S. Air Force Chief of Staff emphasizing quantity over quality, political uncertainty heading into the 2024 U.S. election cycle, and continued federal budget volatility, the analyst tells investors in a research note.
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