Analysts fell to the sidelines weighing in on Advanced Micro Devices (AMD) and Appian Corp (APPN) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Advanced Micro Devices (AMD)
In a report released yesterday, Blayne Curtis from Barclays maintained a Hold rating on Advanced Micro Devices, with a price target of $21. The company’s shares closed yesterday at $20.25.
According to TipRanks.com, Curtis is a 5-star analyst with an average return of 8.3% and a 58.2% success rate. Curtis covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Smart Global Holdings Inc, and Quantenna Communications.
Currently, the analyst consensus on Advanced Micro Devices is a Moderate Buy with an average price target of $25.87.
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Appian Corp (APPN)
Barclays analyst Raimo Lenschow maintained a Hold rating on Appian Corp yesterday and set a price target of $31. The company’s shares closed yesterday at $31.55.
According to TipRanks.com, Lenschow is a top 25 analyst with an average return of 18.0% and a 72.8% success rate. Lenschow covers the Technology sector, focusing on stocks such as SolarWinds Corporation, Pivotal Software Inc, and Coupa Software Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Appian Corp with a $27.50 average price target.
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