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Workiva initiated with a Buy at BTIG

BTIG analyst Allan Verkhovski initiated coverage of Workiva (WK) with a Buy rating and $105 price target The firm says Workiva is the leader in intelligent, integrated financial reporting. The company is compounding with 20% subscription growth, “sticky” customers and steady pricing gains, the analyst tells investors in a research note. BTIG believes the company’s platform capabilities are resonating.

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