Zuora (ZUO) Stock: $23 Price Target From Jefferies

By Amit Chowdhry ● Nov 29, 2021
  • The shares of Zuora Inc (NYSE: ZUO) have received a price target of $23 from Jefferies. These are the details.

The shares of Zuora Inc (NYSE: ZUO) – the leading cloud-based subscription management platform provider – have received a price target of $23 from Jefferies. And Jefferies analyst Brent Thill increased the price target from $19 while keeping a “Hold” rating on the shares.

Thill is expecting better execution to have continued for this quarter. But Thill prefers to remain on the sidelines until he sees additional quarters of improved execution.

Zuora will report its financial results for its third quarter of fiscal 2022 ended on October 31, 2021 following the close of market on Wednesday, December 1, 2021. And on that day, Zuora’s management team will hold a conference call and webcast at 2:00 p.m. PT / 5:00 p.m. ET to discuss the financial results and business highlights.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.