Keybanc Downgrades Appian to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Thomas Blakey has downgraded Appian (NASDAQ:APPN) from Overweight to Sector Weight.
August 02, 2024 | 3:25 pm
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Keybanc analyst Thomas Blakey has downgraded Appian from Overweight to Sector Weight, indicating a less favorable outlook for the stock.
The downgrade from Overweight to Sector Weight by a reputable analyst suggests a less optimistic view on Appian's near-term performance, which could lead to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100