Analysts have been eager to weigh in on the Technology sector with new ratings on Atlassian (TEAM – Research Report) and Tyler Technologies (TYL – Research Report).
Atlassian (TEAM)
JMP Securities analyst Patrick Walravens maintained a Hold rating on Atlassian today. The company’s shares closed last Thursday at $198.41.
According to TipRanks.com, Walravens has 0 stars on 0-5 stars ranking scale with an average return of
Currently, the analyst consensus on Atlassian is a Moderate Buy with an average price target of $255.79, a 31.2% upside from current levels. In a report issued on April 19, TD Cowen also reiterated a Hold rating on the stock with a $220.00 price target.
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Tyler Technologies (TYL)
In a report released today, Trevor J. Walsh from JMP Securities reiterated a Buy rating on Tyler Technologies, with a price target of $490.00. The company’s shares closed last Thursday at $458.07.
According to TipRanks.com, Walsh is a 5-star analyst with an average return of
Tyler Technologies has an analyst consensus of Strong Buy, with a price target consensus of $496.73, an 11.4% upside from current levels. In a report issued on April 12, Wells Fargo also maintained a Buy rating on the stock with a $480.00 price target.
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Read More on TEAM:
- Atlassian Co-Founder Transitions to Advisory Role
- Atlassian Stock (NASDAQ:TEAM): Analysts Expect Lots of Upside; They’re Probably Right
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Atlassian price target lowered to $240 from $265 at Mizuho
- Atlassian put volume heavy and directionally bearish
