TD Cowen lowered the firm’s price target on Appian (APPN) to $35 from $37 and keeps a Hold rating on the shares. The firm said they posted Cloud growth of 18% cc, as Fed demand has been stable and likely a source of billings strength, and AI engagements are showing early traction.
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Read More on APPN:
- Appian Reports Strong Q2 2025 Financial Results
- Appian’s Cloud Growth Exceeds Expectations Amid NRR Concerns and AI Uncertainty, Hold Rating Maintained
- Appian’s Strong Performance and AI Demand Drive Growth, But Hold Rating Reflects Caution
- Appian reports Q2 EPS 0c, consensus (13c)
- Appian sees Fy25 EPS 28c-36c, consensus 22c
