Cowen Sees Opportunity In Alteryx

Usually do not put much stock in sell side analyst upgrades/downgrades, however thought this might cheer up the board a bit as it has been a rough few months for Alteryx’s stock.

Cowen calls last week’s Alteryx (NYSE:AYX) pullback a buying opportunity.

Maintains $147 price target and cites robust demand conditions for the company’s products. Feels company’s guidance is conservative.…

Frank - long AYX, see profile for all holdings