What 4 Analyst Ratings Have To Say About Appian
Portfolio Pulse from Benzinga Insights
Over the past quarter, Appian (NASDAQ:APPN) has received mixed ratings from analysts, with one somewhat bullish, two indifferent, and one somewhat bearish. The average 12-month price target for the company, according to four analysts, is $48.75, a figure that has increased by 21.88% over the past month.
July 21, 2023 | 8:00 pm
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Mixed analyst ratings and an increased 12-month price target could lead to volatility in Appian's stock price.
The mixed analyst ratings indicate uncertainty about the company's performance, which could lead to volatility in the stock price. The increase in the 12-month price target suggests that analysts see potential for growth, which could attract investors and drive up the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100