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Appian price target raised to $33 from $28 at Barclays

Barclays raised the firm’s price target on Appian (APPN) to $33 from $28 and keeps an Underweight rating on the shares. The company reported solid Q1 results and its raised fiscal year guidance shows optimism in its growth, which should be enough to move shares higher in the short term, the analyst tells investors in a research note.

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