RBC Capital analyst Alex Zukin raised his price target for Anaplan to $75 from $70 and reiterates an Outperform rating on the shares ahead of the company's Q4 results. The analyst's checks suggest a "strong finish" to the year for the company, benefiting from meaningful large deal activity. As a result, Zukin anticipates upside to guidance in-line or better than recent averages and increased fiscal 2021 revenue guidance. Unusual discounting was not needed to close deals nor did partners pick up any other unusual activity to close deals late in the year - both typical signs of a strong quarter, Zukin tells investors in a pre-earnings research note. The analyst feels "incrementally more confident" about Anaplan's pace of deal signings and pipelines than when he put the company on his top ideas list to start the year. He continues to believe Anaplan is "at the tip of the spear" for digital transformation of financial and operational planning systems, a $21B-plus market.