In a report released today, Brent Bracelin from Piper Sandler maintained a Buy rating on Avalara (AVLR – Research Report), with a price target of $135.00. The company's shares closed last Thursday at $69.98, close to its 52-week low of $69.14. According to TipRanks.com, Bracelin is a 5-star analyst with an average return of 13.7% and a 51.6% success rate. Bracelin covers the Technology sector, focusing on stocks such as Qualtrics International, ZoomInfo Technologies, and Procore Technologies. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avalara with a $118.09 average price target, which is a 52.3% upside from current levels.
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