This post was originally published on this site
https://i-invdn-com.investing.com/news/LYNXMPEA7D094_M.jpg
The analysts told investors in a note that there is more room for expansion for the company.
They added that INST has a strong position in LMS and is poised for continued share gains compared to legacy on-prem solutions.
In addition, they see it benefitting from the “NT K12 budget flush in the US, along with interesting growth opportunities in international and cross-sell and Rule of 50 profile.”
“We see Instructure positioned to be the vertical leader for the education learning management system (LMS) market, and we are initiating INST at Overweight,” the analysts concluded.
