Tyler Technologies (TYL) has signed an agreement with the San Francisco County Transportation Authority in San Francisco, California, to implement Microsoft Dynamics AX, an enterprise resource planning solution with public sector functionality that Tyler Technologies jointly developed with Microsoft Corporation(NASDAQ:MSFT). The contract includes implementation and related professional services, training and support.
In other news, Evercore said its “pounding the table” on Salesforce.com (CRM) following the partnership announcement with Microsoft Corporation(NASDAQ:MSFT). The analyst views the strategic partnership as a “logical next step” and said the integration of Office into CRM makes a more productive tool for the enterprise market and provides opportunities in China where Microsoft has started to make gains.
Analysts have a consensus price target of $38.45 on Microsoft Corporation(NASDAQ:MSFT) which indicates a 5.75% downside. The consensus rating of the stock is a HOLD with a score of 2.21. There are currently 15 Hold Ratings, 10 Buy ratings and 4 Sell ratings on the stock. The most recent analyst action consisted of Citigroup downgrading its rating to Sell from Hold.
Baird’s survey of U.K. Netflix Inc., (NASDAQ:NFLX) users suggests a rapid adoption, which should bode well for the upcoming launches in Europe. The firm sees meaningful penetration opportunities which should provide a compelling value proposition and keeps an Outperform rating with a $470 price target on Netflix.
Analysts have a consensus price target of $382.34 on Netflix Inc., (NASDAQ:NFLX) which indicates a 8.49% downside. The consensus rating of the stock is a HOLD with a score of 2.29. There are currently 21 Hold Ratings, 4 sell ratings and 16 Buy ratings on the stock. The most recent analyst action consisted of Oppenheimer boosting its price target to $500 with an outperform rating.