Alteryx shares have pulled back 24% from their February highs, and now once again appear to be at an attractive entry point, Piper Sandler analyst Brent Bracelin the analyst tells investors in a research note. The analyst flagged Alteryx as a "high-conviction small-cap spotlight to own for 2023," saying the company could reach $1B-plus in annual recurring revenue this year. Piper believes the company’s enterprise license agreement tailwinds are being underappreciated.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on AYX:
- Largest borrow rate increases among liquid names
- Alteryx partners with Department of Defense for active duty members transition
- Alteryx call volume above normal and directionally bullish
- DA Davidson DEN to hold an analyst/industry conference call
- 3 Stocks to Buy Today, 2/13/2023, According to Top Analysts
