KeyBanc upgraded AppFolio (APPF) to Overweight from Sector Weight with a $285 price target after attending the company’s annual Future user conference. The firm notes that its conversations with customers are renewing its confidence that the company is seeing momentum in both net new and expansions on Plus and Max, the analyst tells investors in a research note. KeyBanc adds that it has a better understanding of the attractive and total addressable market expansive opportunities in monetizing the resident experience by AppFolio.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APPF: