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Alteryx (AYX) Gets a Buy Rating from Piper Sandler

Piper Sandler analyst Brent Bracelin maintained a Buy rating on Alteryx (AYXResearch Report) today and set a price target of $70.00. The company’s shares closed last Tuesday at $50.57.

According to TipRanks.com, Bracelin is a 5-star analyst with an average return of 8.8% and a 52.7% success rate. Bracelin covers the Technology sector, focusing on stocks such as Qualtrics International, ZoomInfo Technologies, and Procore Technologies.

Alteryx has an analyst consensus of Moderate Buy, with a price target consensus of $81.70, which is a 70.2% upside from current levels. In a report issued on July 27, Rosenblatt Securities also maintained a Buy rating on the stock with a $75.00 price target.

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The company has a one-year high of $81.30 and a one-year low of $43.45. Currently, Alteryx has an average volume of 769.9K.

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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. The company was founded by Dean A. Stoecker, Olivia Duane-Adams, and Edward P. Harding, Jr. in March 1997 and is headquartered in Irvine, CA.

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