Appian (APPN) Receives a Hold from Needham
In a report released today, Jack Andrews from Needham maintained a Hold rating on Appian (APPN). The company’s shares closed last Monday at $32.29, close to its 52-week low of $29.36.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 8.6% and a 48.9% success rate. Andrews covers the Technology sector, focusing on stocks such as ServiceNow, New Relic, and Atlassian.
Appian has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.
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The company has a one-year high of $63.77 and a one-year low of $29.36. Currently, Appian has an average volume of 1.09M.
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Appian Corp. provides business process management (BPM) solutions. Its BPM tools automate and measures business processes. The firm’s products include BPM software, case management, mobile application development, and platform-as-a-service.