Alteryx (AYX) Gets a Buy Rating from Merrill Lynch


In a report released yesterday, Bradley Sills from Merrill Lynch reiterated a Buy rating on Alteryx (AYX), with a price target of $160.00. The company’s shares closed last Monday at $153.91, close to its 52-week high of $156.99.

According to TipRanks.com, Sills is a 5-star analyst with an average return of 19.0% and a 78.8% success rate. Sills covers the Technology sector, focusing on stocks such as Bill.com Holdings, Coupa Software, and Veeva Systems.

Alteryx has an analyst consensus of Strong Buy, with a price target consensus of $158.44, a 7.1% upside from current levels. In a report issued on February 11, Needham also reiterated a Buy rating on the stock with a $151.00 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $156.99 and a one-year low of $64.52. Currently, Alteryx has an average volume of 1.46M.

Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts