Credit Suisse Reiterates Neutral on Zoom Video Comms, Maintains $83 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Fred Lee reiterated a Neutral rating on Zoom Video Communications (NASDAQ:ZM) and maintained an $83 price target.
May 23, 2023 | 11:32 am
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Credit Suisse analyst Fred Lee reiterated a Neutral rating on Zoom Video Communications (NASDAQ:ZM) and maintained an $83 price target.
The news is directly related to Zoom Video Communications (ZM) as Credit Suisse analyst Fred Lee reiterated a Neutral rating on the company and maintained an $83 price target. This indicates that the analyst does not expect significant price movement in the short term, hence the neutral score. The relevance and importance are high as it is a rating from a well-known financial institution, but the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100