AppCode no product for target

I am trying to run Swift iOS app in iPad simulator in AppCode. App is successfully built, but there is an error

Error running ios-app: No product for target 'ios-app'

I am quite green in iOS development and I am trying to switch from XCode to AppCode since I am more familiar with it.

I am using latest AppCode (3.1.7), everything works great in XCode.

Thanks for responses :)

via Chebli Mohamed