Oppenheimer Maintains Outperform on Alteryx, Lowers Price Target to $55
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ittai Kidron has maintained an 'Outperform' rating on Alteryx (NYSE:AYX), but lowered the price target from $65 to $55.
August 08, 2023 | 3:39 pm
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Alteryx's price target has been lowered from $65 to $55 by Oppenheimer, although the 'Outperform' rating is maintained.
The lowering of the price target by Oppenheimer could lead to a negative sentiment among investors, potentially causing a short-term decrease in Alteryx's stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100