Citigroup Downgrades Alteryx to Neutral, Announces $48.25 Price Target
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has downgraded Alteryx (NYSE:AYX) from Buy to Neutral and set a price target of $48.25.
December 19, 2023 | 2:51 pm
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Citigroup downgraded Alteryx from Buy to Neutral, potentially reducing investor optimism and affecting the stock's short-term performance.
Analyst downgrades typically lead to a negative perception among investors, which can result in a decrease in stock price. The new price target of $48.25 may also influence the market's view of the stock's value.
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