Citigroup Maintains Neutral on Appian, Raises Price Target to $57
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Steven Enders maintains a Neutral rating on Appian (NASDAQ:APPN) and raises the price target from $40 to $57.

June 22, 2023 | 1:48 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Appian and raises the price target from $40 to $57.
Citigroup's decision to maintain a Neutral rating on Appian indicates that they do not expect significant short-term price movement. However, the raised price target from $40 to $57 suggests a potential upside in the future. The impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100