A statement released earlier today by Goldman Sachs about Apptio (NASDAQ:APTI) ups the target price to $21.00
- Updated: October 18, 2016
In a report released on Tuesday October 18, 2016 Goldman Sachs increased the stock price target of Apptio (NASDAQ:APTI) to $21.00 stating a potential upside of 0.02%.
Having a price of $20.52, Apptio (NASDAQ:APTI) traded -0.24% lower on the day. With the last stock price down -1.80% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Apptio has recorded a 50-day average of $20.85 and a two hundred day average of $20.85. Volume of trade was down over the average, with 11,653 shares of APTI changing hands under the typical 837,753
With a total market value of $0, Apptio has 52 week low of $18.78 and a 52 week high of $24.60 .
General Information About Apptio (NASDAQ:APTI)
Apptio, Inc. (Apptio) is a United States-based provider of cloud-based technology business management (TBM) software for managing business of information technology (IT). The Company offers a software as service (SaaS) products. It offers cloud applications, including Apptio Cost Transparency, which offers features, such as manage cost and investment across user's application portfolio; Apptio IT Planning, which helps IT finance, budget owners and chief information officers (CIOs) with annual budget, forecast and variance tracking; Apptio IT Benchmarking, which extends Apptio Cost Transparency with side-by-side benchmarks with features, such as peer costs calculated through consistent cost structure and comparing peer benchmarks; Apptio Business Insights, which correlates IT infrastructure and application data, and Apptio Bill of IT, which automates the creation and delivery of pro-forma invoices for IT services. It offers Data Studio, Model Studio and Report Studio under TBM Studio.
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