Goldman Sachs Group Inc. started coverage on shares of Apptio Inc (NASDAQ:APTI) in a research note published on Tuesday morning. The brokerage issued a neutral rating and a $21.00 price objective on the stock.
Several other equities research analysts also recently weighed in on the company. Pacific Crest began coverage on Apptio in a report on Tuesday. They issued an overweight rating and a $26.00 price target for the company. Bank of America Corp. began coverage on Apptio in a report on Tuesday. They issued a buy rating and a $26.00 price target for the company. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $24.25.
Shares of Apptio (NASDAQ:APTI) opened at 20.42 on Tuesday. The firm’s 50-day moving average is $20.83 and its 200-day moving average is $20.83. The stock’s market capitalization is $266.40 million. Apptio has a one year low of $18.78 and a one year high of $24.60.
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