Barclays Maintains Underweight on Appian, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Underweight rating on Appian (NASDAQ:APPN) and lowered the price target from $41 to $35.
October 12, 2023 | 4:36 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays has maintained an Underweight rating on Appian and lowered the price target from $41 to $35, which could negatively impact the stock's price.
The lowering of the price target by Barclays indicates a bearish outlook for Appian. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100