Needham & Company LLC assumed coverage on shares of Anaplan (NYSE:PLAN) in a report issued on Tuesday, Marketbeat reports. The firm issued a buy rating and a $30.00 target price on the stock.
Separately, KeyCorp began coverage on Anaplan in a research report on Tuesday. They set a sector weight rating for the company. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $27.33.
Shares of PLAN traded down $1.53 during trading hours on Tuesday, hitting $24.22. 354,048 shares of the stock were exchanged, compared to its average volume of 1,415,840. Anaplan has a 12-month low of $20.37 and a 12-month high of $27.30.
Anaplan, Inc provides a cloud-based connected planning platform Its platform unites traditionally distinct or disconnected database structures, including relational, columnar, and online analytical processing with in-memory data storage and calculation that is used in various lines of business, such as finance, sales, supply chain, marketing, human resources, and operations.
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