Cracking The Code: Understanding Analyst Reviews For Alteryx
Portfolio Pulse from Benzinga Insights
Alteryx (NYSE:AYX) has received mixed reviews from 10 analysts in the past three months, with an average 12-month price target of $45.65, up 18.57% from the previous $38.50. Ratings range from 'Buy' to 'Underweight', with recent actions including both raised and lowered price targets. Alteryx's financial performance shows a positive revenue trend but challenges in profitability, asset utilization, and debt management. The company's market capitalization is above industry average, indicating a strong market presence.

January 02, 2024 | 3:00 pm
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Alteryx has a new average price target of $45.65, reflecting an 18.57% increase from the previous target. Analysts' ratings vary, indicating uncertainty, but the positive revenue trend may support the stock price.
The increase in the average price target suggests a positive outlook for Alteryx's stock price in the short term. However, the mixed analyst ratings, with some maintaining a neutral stance and others indicating a buy, create a level of uncertainty. The positive revenue trend is a strong point that may support the stock price, but challenges in profitability and debt management could temper gains. The high relevance score is due to the direct mention of Alteryx and its financials, while the importance score reflects the significance of analyst ratings and price targets to investors. The confidence score is not at the maximum due to the mixed nature of the ratings.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100