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A fresh price target update for Appian (APPN) has shifted analyst focus from the stock's current value to its potential valuation. With no prior target specified, the new benchmark is key to understanding analysts' interpretations of the company's story, risks, and potential. The price target serves as a reference point rather than a precise valuation estimate. New information on Appian's financials, growth plans, or profitability targets could help compare the target to a reasonable valuation.

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