Citigroup Maintains Sell on Zoom Video Comms, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a 'Sell' rating on Zoom Video Comms (NASDAQ:ZM) and raises the price target from $65 to $66.
August 22, 2023 | 2:53 pm
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Citigroup maintains a 'Sell' rating on Zoom Video Comms and raises the price target from $65 to $66.
The 'Sell' rating maintained by Citigroup indicates a negative outlook for Zoom Video Comms. However, the slight increase in the price target from $65 to $66 suggests that the analyst sees some potential for the stock's price to rise, albeit not significantly. This could lead to a short-term negative impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100