MoffettNathanson Upgrades Zoom Video Comms to Market Perform, Announces $85 Price Target
Portfolio Pulse from richadhand@benzinga.com
MoffettNathanson analyst Sterling Auty upgraded Zoom Video Comms (NASDAQ:ZM) from Underperform to Market Perform and announced an $85 price target.
May 23, 2023 | 10:24 am
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Zoom Video Comms (NASDAQ:ZM) has been upgraded from Underperform to Market Perform by MoffettNathanson, with a new price target of $85.
The upgrade from Underperform to Market Perform by MoffettNathanson analyst Sterling Auty indicates a more positive outlook on Zoom Video Comms. The new price target of $85 suggests potential upside for the stock, which could lead to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100