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Fly News Breaks for February 7, 2020
ZEN
Feb 7, 2020 | 09:11 EDT
RBC Capital analyst Alex Zukin raised his price target on Zendesk to $115 and kept his Outperform rating after its "strong" Q4 results with 40% cRPO growth and 35% cRPO bookings growth. The analyst also believes that the company has the potential to grow its revenue by over 30% over a multi-year period given its "multiple growth initiatives to address a large market opportunity."
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