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Fly News Breaks for November 6, 2018
PLAN
Nov 6, 2018 | 07:38 EDT
Barclays analyst Raimo Lenschow started Anaplan with an Overweight rating and $30 price target. The analyst believes next-generation planning tools will start to see accelerating adoption as customers find value in connecting middle and back offices. He sees a "healthy" total addressable market of $21B by fiscal 2021. Anaplan should take a substantial share of the disruption in the evolving planning value chain, says the analyst.
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