Analysts take a look at Zendesk Inc (NYSE:ZEN) having this to say.

September 13, 2017 - By Migdalia James

 Analysts take a look at Zendesk Inc (NYSE:ZEN) having this to say.

Zendesk Inc (NYSE:ZEN) Ratings Coverage

Among 17 analysts covering Zendesk (NYSE:ZEN), 16 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Zendesk had 31 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Sunday, July 30. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, July 21 report. The firm earned “Buy” rating on Friday, December 11 by Goldman Sachs. On Wednesday, August 5 the stock rating was downgraded by Zacks to “Buy”. Goldman Sachs maintained it with “Buy” rating and $26 target in Tuesday, April 19 report. Summit Research initiated Zendesk Inc (NYSE:ZEN) rating on Monday, March 28. Summit Research has “Buy” rating and $25 target. The rating was initiated by RBC Capital Markets with “Outperform” on Friday, September 11. The stock has “Buy” rating by Piper Jaffray on Friday, August 4. The company was maintained on Wednesday, May 4 by Morgan Stanley. As per Tuesday, September 22, the company rating was initiated by Craig Hallum. Below is a list of Zendesk Inc (NYSE:ZEN) latest ratings and price target changes.

08/09/2017 Broker: Evercore Rating: Outperform New Target: $34.00 Initiate
03/09/2017 Broker: RBC Capital Markets Rating: Buy New Target: $31.0 Maintain
24/08/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $35.0 Maintain
08/08/2017 Broker: Canaccord Genuity Rating: Buy New Target: $34.0000 Maintain
04/08/2017 Broker: Piper Jaffray Rating: Buy New Target: $33.0000 Maintain
04/08/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $35.0000
30/07/2017 Broker: RBC Capital Markets Rating: Buy New Target: $31.0000 Maintain
21/07/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $30.0000 Maintain
19/04/2017 Broker: Guggenheim Rating: Buy New Target: $33.00 Maintain
13/04/2017 Broker: Guggenheim Rating: Buy Initiate

About 249,587 shares traded. Zendesk Inc (NYSE:ZEN) has risen 6.73% since September 13, 2016 and is uptrending. It has underperformed by 9.97% the S&P500.

Zendesk, Inc. is a software development company. The company has market cap of $2.96 billion. The Zendesk family of products is built to work together to help organizations understand and manage customer relationships. It currently has negative earnings. All Zendesk products share a common interface and are being developed to support a shared services infrastructure and common customer data platform.

More news for Zendesk Inc (NYSE:ZEN) were recently published by: Streetinsider.com, which released: “Form 3 Zendesk, Inc. For: Sep 08 Filed by: Koplow Hilarie A.” on September 13, 2017. Businesswire.com‘s article titled: “Zendesk Adds Former New Relic, Salesforce, Oracle Executive to its Board of …” and published on September 11, 2017 is yet another important article.

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