Are Analysts Bullish Zendesk, Inc. (NYSE:ZEN) After Last Week?

April 17, 2018 - By Ann Prendergast

Zendesk, Inc. (NYSE:ZEN) Logo

Zendesk, Inc. (NYSE:ZEN) Ratings Coverage

Among 14 analysts covering Zendesk (NYSE:ZEN), 11 have Buy rating, 0 Sell and 3 Hold. Therefore 79% are positive. Zendesk had 22 analyst reports since October 18, 2017 according to SRatingsIntel. The stock of Zendesk, Inc. (NYSE:ZEN) has “Hold” rating given on Wednesday, February 7 by Stifel Nicolaus. The rating was maintained by Cowen & Co with “Buy” on Wednesday, February 7. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Buy”. The company was upgraded on Wednesday, February 7 by Stephens. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, October 18. The stock of Zendesk, Inc. (NYSE:ZEN) has “Overweight” rating given on Wednesday, February 7 by Morgan Stanley. The firm has “Buy” rating given on Wednesday, February 7 by Craig Hallum. The rating was maintained by Canaccord Genuity on Thursday, November 2 with “Buy”. Bank of America maintained the stock with “Buy” rating in Wednesday, February 7 report. The firm has “Overweight” rating by Morgan Stanley given on Monday, October 23. Below is a list of Zendesk, Inc. (NYSE:ZEN) latest ratings and price target changes.

13/03/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $43 New Target: $53 Maintain
07/02/2018 Broker: Guggenheim Rating: Buy New Target: $44.0 Maintain
07/02/2018 Broker: Piper Jaffray Rating: Buy New Target: $46.0 Maintain
07/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $41 New Target: $48 Maintain
07/02/2018 Broker: Craig Hallum Rating: Buy New Target: $45.0 Maintain
07/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $38 New Target: $45 Maintain
07/02/2018 Broker: KeyBanc Capital Markets Old Rating: Overweight New Rating: Overweight Old Target: $42 New Target: $43 Maintain
07/02/2018 Broker: Cowen & Co Rating: Buy New Target: $46.0 Maintain
07/02/2018 Broker: Stephens Old Rating: Underweight New Rating: Equal-Weight Upgrade
07/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $38.0 Maintain

The stock increased 2.92% or $1.42 during the last trading session, reaching $50.06. About 316,938 shares traded. Zendesk, Inc. (NYSE:ZEN) has risen 74.58% since April 17, 2017 and is uptrending. It has outperformed by 63.03% the S&P500.

Zendesk, Inc., a software development company, provides software-as-a-service products for organizations. The company has market cap of $5.22 billion. The Company’s flagship product includes Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. It currently has negative earnings. The firm also offers Zendesk Chat, a live chat software to connect with clients on Websites, in applications, and on mobile devices; Zendesk Talk, a cloud call center software; Zendesk Help Center, a self-service destination with articles, interactive forums, and community; Zendesk Message, a customer messaging software; Zendesk Explore that makes customer data accessible across an organization; and Zendesk Connect, a customer intelligence software.

Zendesk, Inc. (NYSE:ZEN) Ratings Chart

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