Baird Maintains Outperform on Zoom Video Comms, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Baird analyst William Power maintains an Outperform rating on Zoom Video Comms (NASDAQ:ZM) but lowers the price target from $95 to $90.
August 22, 2023 | 11:37 am
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Baird analyst maintains an Outperform rating on Zoom Video Comms but lowers the price target from $95 to $90.
The news is directly related to Zoom Video Comms. While the Outperform rating is maintained, the lowering of the price target could potentially create some uncertainty among investors, possibly leading to short-term price volatility. However, the overall impact is neutral as the Outperform rating suggests that the analyst still expects the stock to do better than the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100