Truist Securities Maintains Buy on Alteryx, Lowers Price Target to $40
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Miller Jump maintains a Buy rating on Alteryx (NYSE:AYX) but lowers the price target from $65 to $40.
August 08, 2023 | 4:07 pm
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Alteryx's price target has been lowered from $65 to $40 by Truist Securities, though the Buy rating is maintained.
The lowering of the price target by Truist Securities indicates a potential decrease in the stock's value. However, the maintained Buy rating suggests that the analyst still sees potential in the company's stock, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100