Goldman Sachs Maintains Buy on Appian, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Kevin Kumar has maintained a 'Buy' rating on Appian (NASDAQ:APPN) but lowered the price target from $58 to $50.
November 03, 2023 | 2:19 pm
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Goldman Sachs has maintained a 'Buy' rating on Appian but lowered the price target from $58 to $50.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term value of the stock. However, the impact may be neutral as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100