Keybanc Maintains Overweight on AppFolio, Lowers Price Target to $252
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Jason Celino maintains an Overweight rating on AppFolio but lowers the price target from $300 to $252.

October 25, 2024 | 4:30 pm
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Keybanc analyst Jason Celino maintains an Overweight rating on AppFolio but lowers the price target from $300 to $252.
The lowering of the price target from $300 to $252 suggests a less optimistic outlook on AppFolio's stock performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the company's long-term potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100