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Fly News Breaks for January 10, 2020
APPN
Jan 10, 2020 | 06:35 EDT
Needham analyst Jack Andrews initiated coverage of Appian with a Buy rating and $49 price target. The company provides a low-code development platform that allows organizations to rapidly build applications that drive digital transformations and competitive advantages, Andrews tells investors in a research note. He believes the inflection in the technology adoption lifecycle for low-code platforms should lead to sustained growth and favorable leverage.
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