Wells Fargo Maintains Equal-Weight on Zoom Video Comms, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Equal-Weight rating on Zoom Video Comms (NASDAQ:ZM) but lowered the price target from $80 to $75.
August 22, 2023 | 11:27 am
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Zoom Video Comms' price target has been lowered from $80 to $75 by Wells Fargo, while maintaining an Equal-Weight rating.
The lowering of the price target by Wells Fargo indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Zoom's stock price.
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