What 7 Analyst Ratings Have To Say About Appian
Portfolio Pulse from Benzinga Insights
Appian (NASDAQ:APPN) has received mixed analyst ratings in the last quarter, with 2 bullish, 1 somewhat bullish, 1 indifferent, and 3 somewhat bearish. The average 12-month price target for the company is $47.71, which has increased by 10.95% over the past month.
October 12, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Mixed analyst ratings and an increased price target could lead to volatility in Appian's stock price.
The mixed analyst ratings indicate uncertainty about the company's performance. The increase in the average price target suggests that some analysts are becoming more optimistic about the company's prospects, which could attract investors and potentially drive the stock price up. However, the presence of somewhat bearish ratings also suggests potential downside risks.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100