RBC Capital announced Apptio (NASDAQ:APTI), boosting its stock price target to $23.00 today
- Updated: October 18, 2016
In a report released on 10/18/2016 RBC Capital increased the stock price target of Apptio (NASDAQ:APTI) to $23.00 reporting a possible upside of 0.12%.
Just yesterday Apptio (NASDAQ:APTI) traded -0.24% lower at $20.52. Apptio’s 50-day moving average is $20.85 and its 200-day moving average is $20.85. The last stock price is down -1.80% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 11,653 shares of APTI traded hands, down from an average trading volume of 837,753
Recent Performance Chart
Apptio has 52 week low of $18.78 and a 52 week high of $24.60 and has a market capitalization of $0.
Brief Synopsis On 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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