Morgan Stanley Maintains Equal-Weight on Appian, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh has maintained an Equal-Weight rating on Appian (NASDAQ:APPN) and raised the price target from $43 to $47.
August 04, 2023 | 4:32 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Appian and raised the price target from $43 to $47, which could potentially lead to a positive market reaction.
The raised price target by Morgan Stanley indicates a positive outlook for Appian. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100