Appian price target raised to $37 from $33 at Barclays

Barclays raised the firm’s price target on Appian (APPN) to $37 from $33 and keeps an Underweight rating on the shares. The firm sees the company’s Q3 results attracting more investor interest. The quarter saw another “healthy revenue beat and raise” and importantly, Appian’s U.S. federal segment growth was robust, the analyst tells investors in a research note.