Rosenblatt Reiterates Neutral on Zoom Video Comms, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick has reiterated a Neutral rating on Zoom Video Communications (NASDAQ:ZM) and maintained a $75 price target on the company's stock.
November 21, 2023 | 12:56 pm
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Rosenblatt analyst Catharine Trebnick reaffirmed a Neutral rating on Zoom Video Communications with a steady price target of $75, indicating no significant change in valuation or outlook.
The reiteration of a Neutral rating and maintenance of the existing price target suggests that the analyst sees no new catalysts or changes in the company's fundamentals that would affect the stock price in the short term. This typically indicates a stable outlook and is unlikely to cause significant movement in the stock price.
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