Reported 1 day ago
DA Davidson has raised its price target for AppFolio, Inc. (APPF) from $350 to $375 after the company reported impressive earnings and showcased its AI innovations. Following a meeting with the finance VP, analysts are optimistic about AppFolio's potential for monetization and market share growth through product advancements. AppFolio's recent earnings showed a 19.3% revenue increase year-over-year and beat EPS estimates, leading to a substantial stock price surge.
Source: YAHOO