JPMorgan Downgrades Apptio (APTI) to Underweight

December 4, 2018 5:03 AM EST
Get Alerts APTI Hot Sheet
Price: $37.97 --0%

Rating Summary:
    4 Buy, 6 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 25 | Down: 37 | New: 115
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JPMorgan analyst Mark Murphy downgraded Apptio (NASDAQ: APTI) from Neutral to Underweight with a price target of $38.00.

The analyst believes the valuation is full and has moved out of sync with the rest of the software sector.

For an analyst ratings summary and ratings history on Apptio click here. For more ratings news on Apptio click here.

Shares of Apptio closed at $38.06 yesterday.

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