DA Davidson Upgrades AppFolio to Buy, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Peter Heckmann has upgraded AppFolio (NASDAQ:APPF) from Neutral to Buy and raised the price target from $155 to $230.
September 01, 2023 | 8:30 am
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POSITIVE IMPACT
AppFolio's stock rating has been upgraded from Neutral to Buy by DA Davidson, with a raised price target from $155 to $230.
The upgrade from Neutral to Buy indicates a positive outlook for AppFolio's stock. The raised price target from $155 to $230 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100