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APPN

Appian

$28.46

3.38 (13.48%)

09:10
10/02/17
10/02
09:10
10/02/17
09:10

Appian downgraded to Market Perform at Cowen

As previously reported, Cowen analyst Gregg Moskowitz downgraded Appian to Market Perform from Outperform based on valuation. He remains constructive on the company's low code opportunity but also believes it is being captured by the company's current valuation. Moskowitz raised his price target to $23 from $21 on Appian shares.

APPN Appian
$28.46

3.38 (13.48%)

06/19/17
MSCO
06/19/17
INITIATION
Target $18
MSCO
Equal Weight
Appian initiated with an Equal Weight at Morgan Stanley
Morgan Stanley analyst Sanjit Singh initiated Appian with an Equal Weight and an $18 price target saying valuation is full.
06/19/17
06/19/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Qualcomm (QCOM) reinstated with a Hold at Deutsche Bank. 2. WideOpenWest (WOW) was initiated with an Outperform at Macquarie, RBC Capital, Credit Suisse, and Evercore ISI, a Strong Buy at Raymond James, as well as a Buy at SunTrust and UBS. 3. Appian (APPN) was initiated with an Outperform at Cowen, an Equal Weight at Morgan Stanley and Barclays, a Sector Weight at Pacific Crest, a Hold at Canaccord, and a Neutral at Goldman Sachs. 4. Smart Global (SGH) was initiated with an Overweight at Barclays, a Strong Buy at Needham, and a Buy at Roth Capital, Stifel, Jefferies, and Deutsche Bank. 5. Credit Suisse (CS) resumed with a Buy at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
09/18/17
KEYB
09/18/17
INITIATION
KEYB
Sector Weight
Appian resumed with a Sector Weight at KeyBanc
KeyBanc analyst Alex Kurtz resumed coverage of Appian with a Sector Weight rating. The analyst believes the valuation currently reflects optimism.
10/02/17
COWN
10/02/17
DOWNGRADE
COWN
Market Perform
Appian downgraded to Market Perform from Outperform at Cowen

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