Piper Sandler analyst Brent Bracelin raised the firm’s price target on AppFolio to $300 from $295 and keeps an Overweight rating on the shares. Q2 marked another quarter of solid execution, with upside driven by 34% growth and 26% operating margin, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APPF:
- Is APPF a Buy, Before Earnings?
- AppFolio price target raised to $278 from $235 at BTIG
- AppFolio price target raised to $328 from $260 at JPMorgan
- AppFolio, Inc. Announces Date of Second Quarter 2024 Financial Results Conference Call
- AppFolio Expands AI Market Leadership with New Realm-X Capabilities, Transforming Operational Performance for Property Managers
Questions or Comments about the article? Write to editor@tipranks.com