In a report released today, Raimo Lenschow from Barclays maintained a Hold rating on Apptio Inc (NASDAQ: APTI), with a price target of $37. The company’s shares closed yesterday at $38.19, close to its 52-week high of $39.58.
According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 19.3% and a 74.2% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Cornerstone Ondemand, and Coupa Software Inc.
Currently, the analyst consensus on Apptio Inc is a Moderate Buy with an average price target of $40.
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The company has a one-year high of $39.58 and a one-year low of $16.56. Currently, Apptio Inc has an average volume of 465.7K.
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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.
