Barclays analyst Raimo Lenschow maintained a Hold rating on Apptio Inc (NASDAQ: APTI) on July 12 and set a price target of $32. The company’s shares closed on Friday at $36.23, close to its 52-week high of $38.35.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 19.7% and a 75.3% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Coupa Software Inc, and Citrix Systems.
Apptio Inc has an analyst consensus of Moderate Buy, with a price target consensus of $34.17, representing a -5.7% downside. In a report issued on July 10, KeyBanc also downgraded the stock to Hold.
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The company has a one-year high of $38.35 and a one-year low of $16.07. Currently, Apptio Inc has an average volume of 570.5K.
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Apptio, Inc. enagages in the provision of technology business management solutions. It offers software-as-a-sevice applications including cost transparency, information technology planning and benchmarking, business insights, and bill of information technology.
