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Analysts Have Conflicting Sentiments on These Technology Companies: Tyler Technologies (TYL), Cognizant (CTSH) and Gartner (IT)

Analysts have been eager to weigh in on the Technology sector with new ratings on Tyler Technologies (TYLResearch Report), Cognizant (CTSHResearch Report) and Gartner (ITResearch Report).

Tyler Technologies (TYL)

Robert W. Baird analyst Robert Oliver maintained a Buy rating on Tyler Technologies on February 7 and set a price target of $486.00. The company’s shares closed last Thursday at $435.15, close to its 52-week high of $451.71.

According to TipRanks.com, Oliver is a 5-star analyst with an average return of 10.5% and a 56.9% success rate. Oliver covers the Technology sector, focusing on stocks such as Aspen Technology, Inc., Klaviyo, Inc. Class A, and PROS Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tyler Technologies with a $471.86 average price target, implying an 8.5% upside from current levels. In a report issued on January 26, Wells Fargo also maintained a Buy rating on the stock with a $460.00 price target.

See today’s best-performing stocks on TipRanks >>

Cognizant (CTSH)

Robert W. Baird analyst David Koning assigned a Hold rating to Cognizant on February 7 and set a price target of $75.00. The company’s shares closed last Thursday at $78.30, close to its 52-week high of $78.93.

According to TipRanks.com, Koning is a 4-star analyst with an average return of 4.2% and a 59.2% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

The word on The Street in general, suggests a Hold analyst consensus rating for Cognizant with a $78.94 average price target, representing a 1.0% upside. In a report issued on January 29, Mizuho Securities also initiated coverage with a Hold rating on the stock with a $82.00 price target.

Gartner (IT)

Robert W. Baird analyst Jeffrey Meuler maintained a Buy rating on Gartner on February 6 and set a price target of $536.00. The company’s shares closed last Thursday at $456.18, close to its 52-week high of $471.76.

According to TipRanks.com, Meuler is a 4-star analyst with an average return of 4.3% and a 61.1% success rate. Meuler covers the Technology sector, focusing on stocks such as Fair Isaac, Udemy Inc, and 2U.

Gartner has an analyst consensus of Moderate Buy, with a price target consensus of $481.89, a 6.3% upside from current levels. In a report issued on February 6, Wells Fargo also maintained a Buy rating on the stock with a $515.00 price target.

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