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Zacks Investment Research recorded Apigee Corp (NASDAQ:APIC), boosting its stock price target to $19.00 today

In a statement issued on 9/20/2016 Zacks Investment Research upped the stock price target of Apigee Corp (NASDAQ:APIC) to $19.00 indicating a possible upside of 0.09%.

Yesterday Apigee Corp (NASDAQ:APIC) traded -0.23% lower at $17.39. The company’s 50-day moving average is $15.30 and its 200-day moving average is $11.66. The last stock close price is up 48.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 439,847 shares of the stock were exchanged, up from an average trading volume of 334,972

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Apigee Corp (NASDAQ:APIC)

Apigee Corp has a 52 week low of $5.35 and a 52 week high of $17.84 The company’s market cap is currently $0.

General Information About Apigee Corp (NASDAQ:APIC)

Apigee Corporation (Apigee) is engaged in providing a software platform that allows businesses to design, deploy, and scale application program interfaces (APIs), as a connection layer between their core information technology (IT) systems and data and the applications, with which their customers, partners, employees and other users engage with the business. The Company's platforms include Apigee Edge, an API-management solution, and Apigee Insights, the Company's predictive analytics software solution. The Company delivers its platform both in the cloud and on premises. It has designed a security solution to enable security at all points of engagement, from users, applications, developers, the API team, the APIs themselves to the back-end systems. It enables organizations to control access to APIs and services, and to protect customers and the business from threats, backend system overload, service issues and data exposure.

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