Latest Analyst Ratings For Apigee Corporation (NASDAQ:APIC)

Recently analysts working for a variety of stock market brokerages have changed their consensus ratings and price targets on shares of Apigee Corporation (NASDAQ:APIC).

Recent analyst ratings and price targets:

10/10/2016 – Apigee Corporation was downgraded to “market perform” by analysts at JMP Securities.

09/15/2016 – Apigee Corporation was downgraded to “neutral” by analysts at Roth Capital.

09/15/2016 – Apigee Corporation was downgraded to “neutral” by analysts at Credit Suisse. They now have a USD 17.4 price target on the stock.

09/15/2016 – Apigee Corporation was downgraded to “sector weight” by analysts at Pacific Crest.

09/14/2016 – Apigee Corporation was downgraded to “neutral” by analysts at JP Morgan. They now have a USD 17.4 price target on the stock.

09/09/2016 – Apigee Corporation was downgraded to “neutral” by analysts at Nomura. They now have a USD 17.4 price target on the stock.

05/19/2015 – KeyBanc began new coverage on Apigee Corporation giving the company a “overweight” rating.

05/19/2015 – Morgan Stanley began new coverage on Apigee Corporation giving the company a “overweight” rating. They now have a USD 19 price target on the stock.

Apigee Corporation has a 50 day moving average of 17.39 and a 200 day moving average of 13.75. The stock’s market capitalization is 534.29M, it has a 52-week low of 5.35 and a 52-week high of 17.84.

The share price of the company (NASDAQ:APIC) was down -0.29%, with a high of 17.40 during the day and the volume of Apigee Corporation shares traded was 76932.

Apigee Corporation 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. Its platform consists of the products, including Apigee Edge, Apigee Edge PRO, Apigee Link, Apigee Sense and Apigee Insights. Apigee Edge is an API-management solution. Apigee Insights is its predictive analytics software solution. Apigee Link is its Internet of Things (IoT) platform for connecting devices to the Internet, which is under development and in beta testing with certain customers. Apigee Sense is a bot prevention product. Apigee Edge PRO is a cloud-delivered service and is an API management for small and medium-sized businesses and divisions in a range of enterprises. It delivers its platform both in the cloud and on premises.

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