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BMO Capital Remains a Hold on Anaplan (PLAN)

In a report released today, Daniel Jester from BMO Capital maintained a Hold rating on Anaplan (PLANResearch Report), with a price target of $66.00. The company’s shares closed last Friday at $50.59.

According to TipRanks.com, Jester is a 4-star analyst with an average return of 23.0% and a 66.7% success rate. Jester covers the Technology sector, focusing on stocks such as Ceridian HCM Holding, Bill.com Holdings, and Coupa Software.

Anaplan has an analyst consensus of Moderate Buy, with a price target consensus of $65.00, which is a 28.5% upside from current levels. In a report released today, Needham also maintained a Hold rating on the stock.

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Anaplan’s market cap is currently $7.47B and has a P/E ratio of -36.35.

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Anaplan, Inc. engages in the provision of cloud-based connected planning platform that helps connect organizations and people to make better and faster decisions. It also offers professional services, including consulting, implementation, and training. The company was founded by Michael Gould, John David Guy Haddleton, and Sue Haddleton in 2006 and is headquartered in San Francisco, CA.

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