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Research analysts at Cormark assumed coverage on shares of Kinaxis (TSE:KXS) in a report released on Friday. The firm set a “buy” rating on the stock.

KXS has been the subject of a number of other recent research reports. Analysts at BMO Capital Markets initiated coverage on shares of Kinaxis in a research note on Monday, July 14th. They set an “outperform” rating and a C$18.00 price target on the stock. Separately, analysts at Canaccord Genuity initiated coverage on shares of Kinaxis in a research note on Monday, July 14th. They set a “buy” rating and a C$19.00 price target on the stock. Finally, analysts at RBC Capital initiated coverage on shares of Kinaxis in a research note on Monday, July 14th. They set an “outperform” rating and a C$19.00 price target on the stock.

Kinaxis (TSE:KXS) remained flat at $15.00 during trading on Friday. 2,350 shares of the company’s stock traded hands. Kinaxis has a 52 week low of $12.92 and a 52 week high of $16.49. The stock’s 50-day moving average is $14.29 and its 200-day moving average is $14.22. The company’s market cap is $353.6 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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