Equities research analysts at Bank of America Corp. began coverage on shares of Apptio Inc (NASDAQ:APTI) in a research note issued on Tuesday. The brokerage set a “buy” rating on the stock.

Apptio (NASDAQ:APTI) opened at 20.52 on Tuesday. The company has a 50-day moving average of $20.85 and a 200-day moving average of $20.85. The firm’s market cap is $267.70 million. Apptio has a 52 week low of $18.78 and a 52 week high of $24.60.

5 Day Chart for NASDAQ:APTI

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