Alteryx Inc jumps on upbeat 2022 forecast

Alteryx

16/02/2022 19:08

** Data analytics firm's shares  AYX.N  rise 7.8% to $56.27
    ** Company on Tuesday forecast 2022 revenue of $710 mln-$720
mln, above analysts' estimates  urn:newsml:reuters.com:*:nPnc53hJFa
    ** Q4 revenue beat Refinitiv IBES estimates, helped by
strength at company's unit which provides maintenance and
support services
    ** Piper Sandler raises PT on company's shares to $87 from
$85; Berenberg and J.P. Morgan also raise PTs
    ** Company's shares down 13.7% YTD, as of last close

 (Reporting by Amruta Khandekar)
 ((Amruta.Khandekar@thomsonreuters.com))