Avalara Inc (NYSE:AVLR) price target raised to $45.00 by Goldman Sachs Group

By Market Exclusive

Analyst Ratings For Avalara Inc (NYSE:AVLR)

Today, Goldman Sachs Group raised its price target on Avalara Inc (NYSE:AVLR) to $45.00 per share.

There are 5 Hold Ratings, 1 Buy Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Avalara Inc (NYSE:AVLR) is Hold with a consensus target price of $48.50 per share, a potential 25.23% upside.

Some recent analyst ratings include

  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Market Perform rating
  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Hold rating and $44.00 price target
  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Neutral rating and $55.00 price target
  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Neutral rating and $50.00 price target
  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Sector Weight ➝ Sector Weight rating

About Avalara Inc (NYSE:AVLR)
Avalara, Inc. provides transaction tax compliance cloud-based solutions worldwide. It offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company’s solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Returns for tax return preparation, filing, and remittance; and Avalara Compliance Document Management solution, which creates, validates, stores, and manages sales tax exemption and reseller certificates. It also provides professional services, including nexus studies and analysis, voluntary compliance initiatives, tax registrations, and specialized tax research; MatrixMaster, a product taxability database for retail operations; Avalara CloudConnect, a hardware device; VAT Expert, a web-based solution that checks the validity of customer and supplier VAT numbers and provides VAT determinations in the form of invoices; and Brazilian tax compliance solutions that address the Brazilian transaction tax regimes. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

Recent Trading Activity for Avalara Inc (NYSE:AVLR)
Shares of Avalara Inc closed the previous trading session at 38,65 up +3,98 11,48 % with 363784 shares trading hands.

This article provided by NewsEdge.