Why Appian Stock Gained Today

Evan Niu, CFA, The Motley Fool
·2 min read
Why Appian Stock Gained Today

Shares of Appian (NASDAQ: APPN) gained as much as 5% today after a Wall Street analyst raised his price target on the stock. Morgan Stanley analyst Sanjit Singh remains bearish on Appian's prospects, reiterating an underweight (equivalent to sell) rating on the stock.