JMP Securities Believes Alteryx Inc (AYX) Still Has Room to Grow


JMP Securities analyst Greg McDowell maintained a Buy rating on Alteryx Inc (NYSE: AYX) today and set a price target of $52. The company’s shares closed yesterday at $47.80, close to its 52-week high of $47.82.

According to TipRanks.com, McDowell is a 5-star analyst with an average return of 22.7% and a 69.9% success rate. McDowell covers the Technology sector, focusing on stocks such as Splunk Inc, ServiceNow, and Apptio Inc.

Alteryx Inc has an analyst consensus of Strong Buy, with a price target consensus of $49.22, representing a 3.0% upside. In a report issued on August 6, Needham also maintained a Buy rating on the stock with a $51 price target.

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The company has a one-year high of $47.82 and a one-year low of $18.64. Currently, Alteryx Inc has an average volume of 947.8K.

Based on the recent corporate insider activity of 57 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of AYX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Alteryx, Inc. engages in the provision of self-service data analytics software. Its subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and benefit from data-driven decisions.

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