Piper Sandler Maintains Overweight on AppFolio, Lowers Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on AppFolio but lowers the price target from $300 to $265.
October 25, 2024 | 9:10 am
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Piper Sandler has maintained its Overweight rating on AppFolio but reduced the price target from $300 to $265, indicating a more cautious outlook.
The reduction in price target from $300 to $265 by Piper Sandler suggests a more cautious outlook on AppFolio's future performance, which could lead to a short-term negative impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100