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Appian shares shrug off Barclays downgrade questioning the November rally

Dec. 01, 2020 10:00 AM ETAppian Corporation (APPN) StockAPPNBy: Brandy Betz, SA News Editor
  • Citing the "unwarranted" November rally, Barclays downgrades Appian (NASDAQ:APPN) from Equal-Weight to Underweight and maintains a $76 price target.
  • Analyst Raimo Lenschow says Appian's share price surge isn't justified by the company's fundamentals and growth potential.
  • The analyst thinks the

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