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Fly News Breaks for January 24, 2020
Jan 24, 2020 | 07:35 EDT
Wedbush analyst Steve Koenig raised his price target for Zendesk to $93 from $82 and maintained an Outperform rating ahead of the company's Q4 results, saying he expects results to provide comfort about Zendesk's momentum and outlook. While he notes that year over year comparisons are "difficult" and it may be premature to expect a significant international rebound, he says large deal closings in October should help the quarter, and expectations look beatable.
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