Needham Keeps Their Buy Rating on Alteryx Inc


Needham analyst Jack Andrews reiterated a Buy rating on Alteryx Inc (NYSE: AYX) today and set a price target of $43. The company’s shares closed yesterday at $34.98.

According to TipRanks.com, Andrews is a 4-star analyst with an average return of 14.0% and a 69.0% success rate. Andrews covers the Technology sector, focusing on stocks such as New Relic Inc, Cloudera Inc, and Nutanix Inc.

Alteryx Inc has an analyst consensus of Strong Buy, with a price target consensus of $38.67.

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Based on Alteryx Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $1.54 million. In comparison, last year the company had a GAAP net loss of $5.67 million.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is neutral on the stock.

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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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