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Fly News Breaks for May 10, 2018
AYX
May 10, 2018 | 09:21 EDT
Needham analyst Jack Andrews raised his price target on Alteryx to $43 after its Q1 earnings beat and outlook raise, saying the momentum in the quarter was driven by growing leverage of larger deals and customer additions. The analyst also cites accelerating international market growth as well as the company's "unique" total addressable market opportunity for its analytic tools that is not currently addressed by existing technology. Andrews keeps his Buy rating on Alteryx.
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