TD Cowen initiates coverage on Tyler Technologies with 'buy' on SaaS growth
ReutersDec 12, 2025 6:45 PM
IT solutions firm Tyler Technologies' TYL.N shares up ~1% at $458.10
TD Cowen initiates coverage with "buy" rating
Brokerage sets PT at $650, implying an upside of 43.3% to stock's last close
TD Cowen sees durable ~20% software-as-a-service growth in public sector, led by cloud migrations
Average rating of 21 analysts is "buy," their median PT is $656.11 - data compiled by LSEG
Up to last close, stock has fallen 21.3% this year
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