Avalara Inc (NYSE:AVLR) gets upgraded to Overweight by JPMorgan Chase & Co.

Analyst Ratings For Avalara Inc (NYSE:AVLR)

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Today, Avalara Inc (NYSE:AVLR) stock received an upgrade by JPMorgan Chase & Co. from Neutral to Overweight.

There are 4 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Avalara Inc (NYSE:AVLR) is Buy with a consensus target price of $42.50 per share, a potential 42.91% upside.

Some recent analyst ratings include

  • 12/13/2018-Avalara Inc (NYSE:AVLR) gets upgraded to Overweight by JPMorgan Chase & Co.
  • 11/8/2018-Avalara Inc (NYSE:AVLR) gets upgraded to Outperform by JMP Securities with a price target of $40.00
  • 10/14/2018-Avalara Inc (NYSE:AVLR) had its Buy rating reiterated by KeyCorp with a $47.00 price target
  • 7/10/2018-Avalara Inc (NYSE:AVLR) has coverage initiated with a Hold rating and $44.00 price target

    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 29,74 −0,11 0,37 % with 30.4 shares trading hands.

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