Truist analyst Terry Tillman raised the firm’s price target on Tyler Technologies (TYL) to $775 from $685 and keeps a Buy rating on the shares. The company reported a strong Q4 with highlights that included another quarter of over 20% SaaS revenue growth and great free cash flow generation, the analyst tells investors in a research note. Tyler notes that its demand remains robust as its government customers are increasingly focused on cloud adoption, the firm adds.
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