Zendesk (ZEN) Pullback Has Created A Great Opportunity to Buy - William Blair

William Blair analyst Bhavan Suri reiterated an Outperform rating on Zendesk (NYSE: ZEN) stating that the 10% pullback has created a "great opportunity to buy".

The analyst stated "Shares were punished largely due to growth deceleration in EMEA and APAC. We view the issues in these regions as being isolated to specific countries and not an indication of a broader problem with Zendesk’s value proposition, its overall execution, or a change in the competitive dynamics. In our opinion, the sell-off was overdone and has created a great entry point for investors looking to initiate a position in the stock or build on existing positions".

For an analyst ratings summary and ratings history on Zendesk click here. For more ratings news on Zendesk click here.

Shares of Zendesk closed at $76.83 yesterday.

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