APTI - Apptio, Inc.

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    Apptio, Inc. (APTI) is a United States-based provider of cloud-based technology business management (TBM) software for managing business of information technology (IT). The Company offers a software as service (SaaS) products. It offers cloud applications, including Apptio Cost Transparency, which offers features, such as manage cost and investment across user's application portfolio; Apptio IT Planning, which helps IT finance, budget owners and chief information officers (CIOs) with annual budget, forecast and variance tracking; Apptio IT Benchmarking, which extends Apptio Cost Transparency with side-by-side benchmarks with features, such as peer costs calculated through consistent cost structure and comparing peer benchmarks; Apptio Business Insights, which correlates IT infrastructure and application data, and Apptio Bill of IT, which automates the creation and delivery of pro-forma invoices for IT services. It offers Data Studio, Model Studio and Report Studio under TBM Studio.
     
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    Analyst Upgrade/Downgrade Update

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    Barclays
    Change: Coverage Initiated
    Previous Rating: N/A
    Current Rating: Equal Weight
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    Current Price Target: $23
     
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    Analyst Upgrade/Downgrade Update

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    Change: Coverage Initiated
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    Current Rating: Overweight
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    Current Price Target: $26
     
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