When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Alteryx (AYX) reported earnings on Wednesday, May 6, after the market close. The numbers for the first quarter were clearly strong, but guidance for the second quarter came in below expectations and the company provided no guidance for the full year 2020. As a reaction, some Wall Street analysts are cutting their price targets on Alteryx, citing factors such as disappointing Q2 guidance.
There is a considerable chance that management is being overly conservative with guidance, and I wouldn't be surprised at all if the numbers for the second quarter turn out