Bernstein Maintains Market Perform on Zoom Video Comms, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Peter Weed maintains a Market Perform rating on Zoom Video Comms (NASDAQ:ZM) but has lowered the price target from $92 to $82.
August 22, 2023 | 11:25 am
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Bernstein has maintained a Market Perform rating on Zoom Video Comms but lowered the price target from $92 to $82.
The lowering of the price target by Bernstein indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Zoom's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100