Needham has decided to maintain its Buy rating of Alteryx AYX and raise its price target from $57.00 to $68.00.
Shares of Alteryx are trading up 20.48% over the last 24 hours, at $60.92 per share.
A move to $68.00 would account for a 11.61% increase from the current share price.
About Alteryx
Alteryx Inc is a software company that provides self-service data analytics software. Its software platform enables organizations to dramatically improve business outcomes and the productivity of business analysts. The firm offers solutions such as advanced analytics, location intelligence, data preparation, technology integrations, and others. It serves Financial Services; Healthcare; Retail; Transportation and Logistics; Oil and Gas; Pharmaceuticals, Biotechnology and other industries. The company generates its revenue from the sale of a subscription-based software platform.
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