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BMO Capital Markets started coverage on shares of Kinaxis (TSE:KXS) in a research note issued on Monday. The firm set an “outperform” rating and a C$18.00 price target on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity initiated coverage on shares of Kinaxis in a research note on Monday. They set a “buy” rating and a C$19.00 price target on the stock. Analysts at RBC Capital initiated coverage on shares of Kinaxis in a research note on Monday. They set an “outperform” rating and a C$19.00 price target on the stock.

Kinaxis (TSE:KXS) traded up 2.48% on Monday, hitting $14.45. 53,474 shares of the company’s stock traded hands. Kinaxis has a one year low of $12.92 and a one year high of $14.50. The stock has a 50-day moving average of $13.45 and a 200-day moving average of $13.45. The company’s market cap is $340.6 million.

Kinaxis Inc is a provider of cloud-based subscription software. The Company’s software enables its customers to improve and accelerate analysis and decision-making across their supply chain operations.

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