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Why Appian Stock Popped 35% in January

TheMotleyFool

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Shares of Appian (NASDAQ: APPN) rose 34.8% last month, according to data provided by S&P Global Market Intelligence. The company's share price gains came after two analysts raised their price targets for the stock.

The first price target increase came from Needham analyst Jack Andrews, who raised Appian's price target to $193 up from the previous $94. Andrews had already issued a buy rating for Appian and maintained that recommendation.

Image source: Getty Images.

Source Fool.com

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