Alteryx price target lowered to $65 from $85 at TD Cowen

TD Cowen lowered the firm’s price target on Alteryx to $65 from $85 and keeps an Outperform rating on the shares. The analyst said they posted a mixed quarter and the banking crisis near end of qurter impacted buying behavior and caused deal slippage, but management sees it getting back on track in 2Q given healthy renewal pipelines, and its guidance was maintained.