Zendesk (ZEN) Tops Q1 EPS by 2c; Guides Above the Street

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Go back to Zendesk (ZEN) Tops Q1 EPS by 2c; Guides Above the Street

Rosenblatt Raises Price Target on Zendesk (ZEN) Following 1Q Beat

May 4, 2016 9:41 AM EDT

Rosenblatt reiterated a Buy rating on Zendesk (NYSE: ZEN), and raised the price target to $28.00 (from $25.00), following the company's 1Q earnings report. Revenues came in at $68.5M, with a non-GAAP EPS loss of ($0.08), both ahead of the street's expectations.

Analyst Kirk Adams commented,... More