Raymond James analyst Brian Peterson maintained a Buy rating on Avalara (AVLR – Research Report) today and set a price target of $100.00. The company's shares closed last Thursday at $69.98, close to its 52-week low of $69.14. According to TipRanks.com, Peterson is a top 100 analyst with an average return of 21.0% and a 60.2% success rate. Peterson covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Weave Communications, and Manhattan Associates. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Avalara with a $118.09 average price target, representing a 52.3% upside.
https://www.tipranks.com/news/blurbs/raymond-james-thinks-avalaras-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Avalara (NYSE:AVLR)
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