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Morgan Stanley Keeps Their Hold Rating on Zenvia (ZENV)

In a report released yesterday, Cesar Medina from Morgan Stanley maintained a Hold rating on Zenvia (ZENVResearch Report), with a price target of $2.00. The company’s shares closed yesterday at $0.93.

Medina covers the Technology sector, focusing on stocks such as America Movil, Grupo Televisa, S.A.B., and Telecom Argentina. According to TipRanks, Medina has an average return of -4.7% and a 47.06% success rate on recommended stocks.

Currently, the analyst consensus on Zenvia is a Hold with an average price target of $1.65.

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ZENV market cap is currently $16.81M and has a P/E ratio of -4.73.

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Zenvia Inc provides a platform that enables companies to create unique journeys for their end customers across a variety of channels. Its CX communications platform provides a combination of solutions focused on campaigns, sales teams, customer service and engagement, tools, such as software application programming interfaces, or APIs, chatbots, single customer view, journey designer, documents composer and authentication and channels, such as SMS, Voice, WhatsApp, and Webchat. The company generates revenue primarily from Brazil followed by EUA, Switzerland, Mexico, South Africa, and other regions.

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