SunTrust analyst Terry Tillman raised his price target on Anaplan to $42 and kept his Buy rating after its "strong" Q4 results that were highlighted by a 49% growth in revenue and a 54% growth in billings - double the consensus. The analyst also cites the management's comments on the quarter, including its "highest net new ACV, highest overall customer adds and the highest G2K customer adds." Tillman adds that the recent buyout of Anaplan's smaller competitor give the stock further upside potential on top of the management's recent investment efforts in growing sales and products.