In a report released today, Richard Davis from Canaccord Genuity maintained a Hold rating on Zuora Inc (NYSE: ZUO), with a price target of $26. The company’s shares closed yesterday at $28.54, close to its 52-week high of $29.93.
According to TipRanks.com, Davis is a top 25 analyst with an average return of 34.2% and a 80.7% success rate. Davis covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Altair Engineering Inc, and Upland Software.
Currently, the analyst consensus on Zuora Inc is Moderate Buy and the average price target is $25, representing a -12.4% downside.
In a report issued on June 4, Morgan Stanley also maintained a Hold rating on the stock with a $22 price target.
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The company has a one-year high of $29.93 and a one-year low of $18.75. Currently, Zuora Inc has an average volume of 811.1K.
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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.
