Piper Sandler Downgrades Alteryx to Neutral, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin has downgraded Alteryx (NYSE:AYX) from Overweight to Neutral and lowered the price target from $68 to $30.
August 08, 2023 | 8:38 am
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NEGATIVE IMPACT
Alteryx has been downgraded from Overweight to Neutral by Piper Sandler, with a lowered price target from $68 to $30.
The downgrade from Overweight to Neutral by Piper Sandler, along with a significant reduction in the price target, indicates a less optimistic outlook for Alteryx. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100