Alteryx Reaches Analyst Target Price
June 05, 2017 at 09:59 AM EDT
In recent trading, shares of Alteryx Inc (AYX) have crossed above the average analyst 12-month target price of $20.17, changing hands for $20.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..