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Fly News Breaks for August 1, 2018
ZEN
Aug 1, 2018 | 08:20 EDT
Wells Fargo analyst Philip Winslow raised his price target for Zendesk to $80 form $70 after the company reported "strong" second quarter results with revenue, EPS, deferred revenue, and billings above consensus expectations, boosted by Zendesk's suite offering, which is tracking above initial expectations since its launch in May. The analyst reiterates an Outperform rating on the shares.
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