AppFolio (APPF) Gets a Buy from Piper Sandler
Piper Sandler analyst Hannah Rudoff maintained a Buy rating on AppFolio today and set a price target of $350.00. The company’s shares closed yesterday at $239.55.
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Rudoff covers the Technology sector, focusing on stocks such as Oracle, AppFolio, and SAP SE. According to TipRanks, Rudoff has an average return of 3.0% and a 50.00% success rate on recommended stocks.
AppFolio has an analyst consensus of Strong Buy, with a price target consensus of $330.20, implying a 37.84% upside from current levels. In a report released yesterday, KBW also upgraded the stock to a Buy with a $311.00 price target.
The company has a one-year high of $326.04 and a one-year low of $190.24. Currently, AppFolio has an average volume of 309.6K.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of APPF in relation to earlier this year. Last month, Matthew S Mazza, the Chief Trust Officer of APPF sold 3,000.00 shares for a total of $836,109.56.
Read More on APPF:
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- AppFolio upgraded to Outperform from Market Perform at Keefe Bruyette
- Deere upgraded, AST SpaceMobile downgraded: Wall Street’s top analyst calls
- AppFolio’s AI Innovations and Monetization Drive Positive Buy Rating
- AppFolio upgraded to Overweight from Sector Weight at KeyBanc
- AppFolio Secures $150 Million Credit Facility Agreement
