PLAN News and Press, Anaplan Inc. From 01/15/21

Enterprise software turned in a spectacular performance in 2020. My tea leaves suggest that space will continue to outperform broad indices in 2021. I think a reasonable portfolio should focus on those companies that experienced demand headwinds in all or part of last year. I ...

Jefferies analyst Brent Thill predicts the software sector will continue to outperform in 2021, driven by "strong fundamentals" that will provide "room for further gains among select names."Thill upgrades CrowdStrike (CRWD) from Hold to Buy with a $275 price target, a 23% upside to Frida...

Expecting a "long overdue" back-office makeover in 2021, Piper Sandler upgrades Anaplan (PLAN) from Neutral to Overweight and raises the price target from $66 to $87, a 22% upside to Friday's close.Analyst Brent Bracelin says the back office shift over the next two years could accelerate adop...

Anaplan (PLAN) announces that Bill Schuh has joined its executive team as Chief Revenue Officer effective today. Schuh joins Anaplan after four years at Medallia, the leader in customer experience and engagement software, where he served most recently as EVP, Global Industry Sa...

Anaplan, Inc. (NYSE: PLAN), provider of the leading cloud-native platform for orchestrating business performance, announced that Bill Schuh has joined its executive team as Chief Revenue Officer effective today. In his new role, Schuh will manage the company's go-to-market organizat...

Seeing an improved demand environment in 2021, Needham raises Anaplan's (PLAN) price target by $10 to the Street-high $95.Analyst Scott Berg, outlining the firm's "2021 best idea": "Our industry work suggests that demand for Anaplan's leading Planning platform will climb in 2021, as...

Carvana (CVNA) is well positioned to benefit from rising used-car sales because Americans are expected to remain reluctant to commute by public transport amid the still-rising spread of the coronavirus pandemic. Moreover, increasing market demand for buying and selling cars online specificall...

Evercore ISI lays out some of its top themes and ideas for investors to watch for in the software sector in 2021 amid its expectation for the salad days to continue in the new year powered by cloud-based tech demand. The firm acknowledges a bit of a near-term tug-of-war in software as improvi...

Halvorsen's 13F portfolio value increased from $23.14B to $27.68B. The number of positions increased 71 to 86. Viking Global increased Microsoft, Mecadolibre, and CME Group while reducing Amazon.com and dropping Uber Technologies & JD.com. The top three positions are Microsoft...

Chase Coleman’s 13F portfolio value increased from $25.79B to $35.53B this quarter. Tiger Global increased Pinduoduo and CrowdStrike Holdings during the quarter. The largest three positions are JD.com, Microsoft, and Sunrun and they add up to ~25% of the portfolio. Fo...