Analyst Expectations for Appian's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 4 analysts have published their opinion on Appian (NASDAQ:APPN) stock. The average 12-month price target for Appian is $47.0, representing an 8.29% decrease from the previous average price target of $51.25. The ratings include 2 bullish, 1 indifferent, and 1 somewhat bearish.
November 07, 2023 | 12:00 pm
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NEGATIVE IMPACT
Analysts have a mixed view on Appian's stock with an average 12-month price target of $47.0, which is lower than the previous target. This could potentially impact the stock's performance.
Analysts' opinions and price targets can significantly influence a stock's performance. The lower price target suggests that analysts are less optimistic about Appian's future performance, which could negatively impact the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100