MNTV - Zendesk: Attractive Investment Opportunity Regardless Of Momentive Acquisition
- Zendesk had a stable growth rate in its revenue in recent years.
- Since 2014, its stock has performed very well, as it reached its maximum price at $158 per share on 5 February 2021.
- However, the recently announced acquisition of Momentive Global Inc. pushed down the stock price of Zendesk.
- Stockholders of Momentive Global may find terms of this acquisition deal unattractive. In this case, we expect a sharp increase in the Zendesk stock price.
- If the acquisition succeeds, the effect of a synergy will significantly improve the operating efficiency of Zendesk.
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Zendesk: Attractive Investment Opportunity Regardless Of Momentive Acquisition