Reported 1 day ago
DA Davidson has initiated a Neutral rating for Appian Corporation (NASDAQ: APPN) following its strong Q2 2025 earnings that exceeded expectations on revenue and profits. The analyst set a price target of $30, citing new business demand and a larger pipeline fueled by AI's positive impact, which has significantly raised the company's full-year guidance. Despite recognizing Appian's potential, DA Davidson suggests that other AI stocks may present better investment opportunities.
Source: YAHOO