Apptio Inc (APTI) Coverage Initiated at JPMorgan Chase & Co.

Equities research analysts at JPMorgan Chase & Co. started coverage on shares of Apptio Inc (NASDAQ:APTI) in a report released on Tuesday, The Fly reports. The brokerage set a “neutral” rating on the stock.

APTI has been the subject of several other research reports. Bank of America Corp. initiated coverage on Apptio in a research report on Tuesday. They set a “buy” rating for the company. Pacific Crest initiated coverage on Apptio in a research report on Tuesday. They set an “overweight” rating for the company. Jefferies Group initiated coverage on Apptio in a research report on Tuesday. They set a “buy” rating for the company. Goldman Sachs Group Inc. started coverage on Apptio in a research report on Tuesday. They set a “neutral” rating for the company. Finally, Barclays PLC started coverage on Apptio in a research note on Tuesday. They set an “equal weight” rating for the company. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy”.

Apptio (NASDAQ:APTI) opened at 20.52 on Tuesday. The stock’s 50 day moving average price is $20.85 and its 200 day moving average price is $20.85. Apptio has a 1-year low of $18.78 and a 1-year high of $24.60. The stock’s market capitalization is $267.70 million.

5 Day Chart for NASDAQ:APTI

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