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Fly News Breaks for May 18, 2018
ZEN
May 18, 2018 | 09:09 EDT
Craig-Hallum analyst Jeff Van Rhee maintained a Buy rating and raised his price target on $63 from $45 on Zendesk, telling investors in a research note that the company's annual Investor Day confirmed his opinion on the company. Van Rhee said he believes Zendesk has "plenty of runway" remaining to sustain its pace, adding that the company is gaining strength competitively from an already differentiated stance.
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