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Fly News Breaks for February 13, 2020
AVLR
Feb 13, 2020 | 07:26 EDT
Raymond James analyst Brian Peterson raised his price target for Avalara to $105 from $95 following "strong" Q4 results that showed continued upside across all key metrics. In a research note to investors, the analyst says he sees little to change his long-term bullish stance on shares, with the expanding partner ecosystem, wealth of content and technology investments only widening the competitive moat. The analyst maintains an Outperform rating.
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