Does Tyler Technologies (TYL) Have the Potential to Rally 34.51% as Wall Street Analysts Expect?
Zacks reports that the mean analysts' price target for Tyler Technologies (TYL) points to a potential 34.5% upside in the stock. It notes that while this price-target metric has not proven highly effective, strong agreement among analysts in raising earnings estimates does indicate upside for the company.
Why it matters — A TYL watcher would care because analyst agreement in raising earnings estimates and the implied upside signal positive sentiment toward the stock's prospects.