Citi opens ‘upside 90-day catalyst watch’ on Appian

Citi added an “upside 90-day catalyst watch” on Appian (APPN) while keeping a Buy rating on the shares with a $48 price target Citi sees see upside to consensus estimates for the company’s Q4 report and 2026 outlook on strength in its federal vertical. This creates a “compelling” risk/reward into the earnings print, the analyst tells investors in a research note.