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Fly News Breaks for February 13, 2020
AVLR
Feb 13, 2020 | 06:45 EDT
Mizuho analyst Siti Panigrahi raised his price target for Avalara to $105 from $95 saying the company reported another strong quarter, benefiting from secular tailwinds that drove revenue growth of 40% year-over-year versus consensus of 30%. The analyst continues to believe in the long-term growth opportunity for Avalara and reiterates a Buy rating on the shares.
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