Why Tyler Technologies Stock Slipped on Monday

Tyler Technologies (TYL -0.56%) was given the cold shoulder by analysts on the first trading day of the week. On the back of an analyst's price cut, the company's share price eroded, although not by an alarming figure. It declined 0.6% for an uninspiring performance, considering the S&P 500's (^GSPC 0.06%) marginal (less than 0.1%) Monday rise.Snip, snipThat was roughly proportionate with the cut enacted by Wells Fargo's Michael Turrin. He shaved $20 off his Tyler price target for a new fair-value assessmen ...