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Fly News Breaks for October 10, 2019
PLAN
Oct 10, 2019 | 16:17 EDT
Mizuho analyst Siti Panigrahi initiated coverage of Anaplan with a Buy rating and $60 price target. Anaplan is a leader in cloud planning with a broad set of tools for enterprises, Panigrahi tells investors in a research note. The analyst sees a "long runway of growth" for the company, driven by increasing adoption of its next-generation planning tool and $22B total addressable market.
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