Asana Stock Is Rising. KeyBanc Sees 50% Upside in Bull Case.


the provider of business software, is set to open higher on Thursday. KeyBanc says the shares could still move substantially higher.

Analysts led by Jason Celino said the stock price could rise to $34 from the current $22 in its bull-case scenario. That’s one in which remote work drives businesses to continue to invest in collaboration software and profitability improves. KeyBanc kept a Sector Weight rating on the stock.