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AVLR

Avalara

$71.30 /

-1.73 (-2.37%)

16:22
10/10/19
10/10
16:22
10/10/19
16:22

Avalara initiated with a Buy rating at Mizuho

Mizuho analyst Siti Panigrahi initiated coverage of Avalara with a Buy rating and $90 price target, telling investors that the Supreme Court ruling in the State of South Dakota v. Wayfair has driven significant demand for tax compliance solutions since last year, providing the company with a tailwind. Texas and Arizona, where economic nexus laws became effective October 1, will be growth drivers for Avalara in the near-term, Panigrahi added.

AVLR Avalara
$71.30 /

-1.73 (-2.37%)

09/06/19
Fly Intel: Top five analyst initiations
09/05/19 Raymond James
Raymond James starts Avalara at Outperform, says $1B in 2024 'looks reasonable'
09/05/19 Raymond James
Avalara initiated with an Outperform at Raymond James
08/26/19 Canaccord
Avalara initiated with a Buy at Canaccord

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