4 Analysts Have This To Say About AppFolio
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings on AppFolio (NASDAQ:APPF), showing a unanimous somewhat bullish stance. The average 12-month price target for APPF has been raised to $249.00, indicating a 3.46% increase from the previous target. AppFolio's financial performance is strong, with notable revenue growth, high net margin, and impressive ROE and ROA, outperforming industry averages. The company's market capitalization is below the industry average, suggesting it is smaller compared to peers.
March 18, 2024 | 12:01 pm
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Analysts unanimously rate AppFolio as somewhat bullish with a raised average price target of $249.00. The company's strong financial performance and growth prospects are likely to positively influence its stock price.
The unanimous somewhat bullish stance by analysts, coupled with an increased average price target, reflects positive sentiment towards AppFolio's stock. The company's strong financial performance, including high revenue growth, net margin, ROE, and ROA, further supports the potential for stock price appreciation. The market's reaction to analyst ratings and financial performance typically influences short-term stock price movements.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100