JMP Securities Maintains Market Outperform on Alteryx, Lowers Price Target to $60
Portfolio Pulse from jenniferd'souza@benzinga.com
JMP Securities analyst Patrick Walravens maintains a Market Outperform rating on Alteryx (NYSE:AYX) but lowers the price target from $95 to $60.
August 08, 2023 | 1:39 pm
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NEGATIVE IMPACT
Alteryx's price target has been lowered from $95 to $60 by JMP Securities, though the Market Outperform rating is maintained.
The lowering of the price target for Alteryx by JMP Securities indicates a potential decrease in the stock's value in the short term. However, the maintenance of the Market Outperform rating suggests that the stock is still expected to outperform the market, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100