Analysts Offer Insights on Technology Companies: SPS Commerce (SPSC) and Appian (APPN)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on SPS Commerce (SPSC – Research Report) and Appian (APPN – Research Report) with bullish sentiments.
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SPS Commerce (SPSC)
In a report issued on December 19, George Kurosawa from Citi maintained a Buy rating on SPS Commerce, with a price target of $110.00. The company’s shares closed last Monday at $92.50.
According to TipRanks.com, Kurosawa is ranked #9687 out of 10201 analysts.
Currently, the analyst consensus on SPS Commerce is a Moderate Buy with an average price target of $102.00, representing a 12.3% upside. In a report issued on December 7, TR | OpenAI – 4o also upgraded the stock to Buy with a $93.00 price target.
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Appian (APPN)
In a report issued on December 19, Steve Enders from Citi maintained a Buy rating on Appian, with a price target of $48.00. The company’s shares closed last Monday at $37.70.
According to TipRanks.com, Enders is a 1-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Appian with a $40.83 average price target.
