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Fly News Breaks for November 22, 2019
PLAN
Nov 22, 2019 | 07:51 EDT
Canaccord analyst Richard Davis said Anaplan is one of his top three speeder recommendations which is a class of software stocks that he believes investors should own at least a small piece of. The analyst said its Q3 results show its connected planning theme is gaining traction and noted that the company's job openings are in sales positions with customer success, leading him to estimate future Anaplan deployments will be successful. Davis reiterated his Buy rating and $65 price target on Anaplan shares.
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