Alteryx (AYX) Gets a Buy Rating from Merrill Lynch

By Carrie Williams

In a report released yesterday, Bradley Sills from Merrill Lynch reiterated a Buy rating on Alteryx (AYXResearch Report), with a price target of $160.00. The company’s shares closed last Monday at $153.91, close to its 52-week high of $156.99.

According to, Sills is a 5-star analyst with an average return of 19.0% and a 78.8% success rate. Sills covers the Technology sector, focusing on stocks such as Holdings, Coupa Software, and Veeva Systems.

Alteryx has an analyst consensus of Strong Buy, with a price target consensus of $158.44, a 7.1% upside from current levels. In a report issued on February 11, Needham also reiterated a Buy rating on the stock with a $151.00 price target.

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The company has a one-year high of $156.99 and a one-year low of $64.52. Currently, Alteryx has an average volume of 1.46M.

Based on the recent corporate insider activity of 104 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AYX in relation to earlier this year.

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Alteryx, Inc. engages in the provision of self-service data analytics software. Its subscription-based platform allows organizations to prepare, blend, and analyze data from a multitude of sources and benefit from data-driven decisions.