Avalara (AVLR - Research Report) received a Hold rating and price target from Needham analyst Scott Berg today. The company's shares opened today at $92.00.Berg covers the Technology sector, focusing on stocks such as Avalara, Cvent Holding, and PROS Holdings. According to TipRanks, Berg has an average return of 8.9% and a 49.52% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Avalara with a $104.70 average price target, representing a 13.80% upside. In a report released today, Stifel Nicolaus also downgraded the stock to a Hold with a $93.50 price target.
https://www.tipranks.com/news/blurbs/avalara-avlr-was-downgraded-to-a-hold-rating-at-needham?utm_source=advfn.com&utm_medium=referral
Avalara (NYSE:AVLR)
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