Morgan Stanley Maintains Their Hold Rating on Zuora Inc (ZUO)


In a report released today, Stan Zlotsky from Morgan Stanley maintained a Hold rating on Zuora Inc (NYSE: ZUO), with a price target of $26. The company’s shares closed yesterday at $34.01.

According to TipRanks.com, Zlotsky is ranked #588 out of 4874 analysts.

Currently, the analyst consensus on Zuora Inc is a Moderate Buy with an average price target of $31.25, implying a -8.1% downside from current levels. In a report released today, Canaccord Genuity also maintained a Hold rating on the stock with a $28 price target.

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The company has a one-year high of $37.78 and a one-year low of $18.75. Currently, Zuora Inc has an average volume of 1.46M.

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Zuora, Inc. engages in the operation of online subscription billing and management platform. It provides subscription businesses with a cloud platform with pricing, quoting, order, billing, payment and renewal tools. The firm operates through its offices in Atlanta, London, Paris, Munich, Beijing, Amsterdam, Vienna, Sydney, Copenhagen and Stockholm.

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