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Fly News Breaks for August 1, 2018
ZEN
Aug 1, 2018 | 08:32 EDT
Canaccord analyst David Hynes raised his price target on Zendesk to $65 from $60 following strong Q2 results. The analyst said the company has taken another step towards its 2020 targets for $1B in revenues. He has increased confidence on the conservatism in the 2020 estimates based on its current revenue acceleration. Hynes reiterated his Buy rating on Zendesk shares.
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