Why Appian Stock Gained Today

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