Goldman Sachs Downgrades AYX

Possible reason for the accelerated drop today.

Analyst Actions: Goldman Sachs Downgrades Alteryx to Neutral From Buy

I did not see their price target but Alteryx’s average rating among analysts is a buy, with an average price target of $22.

I added some today.

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Downgrade AYX, but increase the target price to 29 from 26.
Really funny :slight_smile:

Alex

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Yeh they’re probably telling customers to sell whilst they buy at better prices - in a few months once they have a position they will probably upgrade. I either ignore Goldman for the most part or take them as a contrarian indicator.

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