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Analysts’ Opinions Are Mixed on These Technology Stocks: Gartner (IT), Tyler Technologies (TYL) and Paycom (PAYC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Gartner (ITResearch Report), Tyler Technologies (TYLResearch Report) and Paycom (PAYCResearch Report).

Gartner (IT)

Morgan Stanley analyst Toni Kaplan maintained a Hold rating on Gartner today and set a price target of $327.00. The company’s shares closed last Tuesday at $325.00.

According to TipRanks.com, Kaplan is a 2-star analyst with an average return of -0.6% and a 48.2% success rate. Kaplan covers the Services sector, focusing on stocks such as Terminix Global Holdings, Waste Connections, and Republic Services.

Currently, the analyst consensus on Gartner is a Moderate Buy with an average price target of $337.71, representing a 7.4% upside. In a report issued on October 25, Jefferies also initiated coverage with a Hold rating on the stock with a $300.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Tyler Technologies (TYL)

Credit Suisse analyst Sami Badri maintained a Hold rating on Tyler Technologies today and set a price target of $408.00. The company’s shares closed last Tuesday at $314.24, close to its 52-week low of $300.85.

According to TipRanks.com, Badri is a 4-star analyst with an average return of 2.9% and a 50.6% success rate. Badri covers the Technology sector, focusing on stocks such as Motorola Solutions, CommScope Holding, and Juniper Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tyler Technologies with a $454.78 average price target, representing a 38.6% upside. In a report issued on October 28, Barclays also maintained a Hold rating on the stock with a $365.00 price target.

Paycom (PAYC)

In a report released today, Arvind Ramnani from Piper Sandler maintained a Buy rating on Paycom, with a price target of $395.00. The company’s shares closed last Tuesday at $342.71.

According to TipRanks.com, Ramnani is a 1-star analyst with an average return of -1.6% and a 52.2% success rate. Ramnani covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Clearwater Analytics Holdings, and Ceridian HCM Holding.

Paycom has an analyst consensus of Strong Buy, with a price target consensus of $401.50, representing a 13.7% upside. In a report issued on October 21, Citigroup also maintained a Buy rating on the stock with a $393.00 price target.

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