Zendesk Stock News

Tuesday''s top analyst upgrades and downgrades included Alaska Air, Allstate, Annaly Capital Management, Cisco Systems, DigitalBridge, Gap, Opendoor Technologies, PepsiCo, SunPower, Texas Instruments, U.S. Bancorp and Zendesk.

ISS, Glass Lewis urge Zendesk investors vote against Momentive deal

Zendesk (ZEN) ticked lower partly after the company was downgraded to peer perform at Wolfe Research, citing 2022 guidance for decelerating growth and margin contraction as well…

Zendesk''s (ZEN) planned acquisition of Survey Monkey parent Momentive Global (MNTV) should be voted down, investor Neuberger Berman said."We are unconvinced of the strategic advantage…

Upgrades According to Mizuho, the prior rating for Murphy Oil Corp (NYSE:MUR) was changed from Neutral to Buy. In the fourth quarter, Murphy Oil showed an EPS of $0.40, compared to $0.09 from the yea

Zendesk found using ticker (ZEN) now have 20 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 193 and 110 calculating the average target price we see 140.62. Given that the stocks previous close was at 114.18 this indicates there is a potential upside of 23.2%. The 50 day MA is 100.29 while the 200 day moving average is 119.84. The market cap for the company is $14,113m. Company Website: https://www.zendesk.com [stock_market_widget type="chart" symbol="ZEN" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $17,381m based on the market concensus. Zendesk, a software development company, provides software as a service solutions for organizations in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Its flagship product is Zendesk Support, a system for tracking, prioritizing, and solving customer support tickets across various channels. The company also offers Zendesk Chat, a live chat software to connect with customers on Websites, applications, and mobile devices; Zendesk Talk, a cloud-based call center software; Zendesk Guide, a knowledge base that powers customer self-service and support agent productivity; Zendesk Gather, a community forum software that allows customer end-users to connect and collaborate; Zendesk Sell, a sales customer relationship management (CRM) product solution to enhance productivity, processes, and pipeline visibility; and Zendesk Explore, which provides analytics for organizations to measure and enhance the customer experience.

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Zendesk Inc (ZEN) shares closed this week 20.7% higher than it did at the end of last week. The stock is currently up 9.5% year-to-date, down 26.1% over the past 12 months, and up 312.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.6%. Trading Activity Shares traded as high as $121.62 and as low as $93.72 this week.Shares closed 27.2% below its 52-week high and 32.3% above its 52-week low.Trading volume this week was 205.9% higher than the 10-day average and 245.7% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis The company share price beats the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by -479.0% The company's stock price performance over the past 12 months lags the peer average by 170.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Highlights Robust and Comprehensive Strategic Review Undertaken by the Momentive Board to Maximize Value for Stockholders Highlights Robust and Comprehensive Strategic Review Undertaken by the Momentive Board to Maximize Value for Stockholders

Activist Legion Partners Asset Management is said preparing to nominate a slate of third directors to Momentive Global''s (MNTV) board as its opposed to the SurveyMonkey parent''s sale

This deal was just too aggressive a bargain hunt to swallow. Whether the company''s activist investors agree, time will tell.

Momentive Global Inc (NASDAQ: MNTV) reported fourth-quarter FY21 revenue growth of 16% year-on-year to $117.3 million, missing the consensus of $120.9 million. Enterprise sales revenue was $40.0 mi

Meanwhile, a Walgreens in San Francisco and a major grocery store in Oakland are set to shut down.

Zendek says it will press ahead with its planned acquisition of Momentive Global.

Proxy advisory firms ISS and Glass Lewis recommended holders of Zendesk (ZEN) vote against the company''s planned acquisition of SurveyMonkey parent Momentive Global Inc