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Fly News Breaks for November 8, 2018
AYX
Nov 8, 2018 | 09:36 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Alteryx to $66 after its Q3 earnings beat driven by "healthy market environment and strong sales execution" along with an "especially strong" international revenue growth. The analyst also keeps his Neutral rating on the stock, noting that while he feels "incrementally more positive" about the company, he sees its 12-times enterprise value to expected 2020 revenue multiple valuation as "full".
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