Piper Sandler Maintains Neutral on Zoom Video Comms, Raises Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish has maintained a Neutral rating on Zoom Video Communications (NASDAQ:ZM) and increased the price target from $69 to $72.

January 12, 2024 | 4:04 pm
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POSITIVE IMPACT
Piper Sandler has maintained a Neutral rating on Zoom Video Communications and raised the price target from $69 to $72.
The increase in price target by Piper Sandler could lead to a positive short term sentiment among investors, potentially causing a slight uptick in the stock price of Zoom Video Communications. However, since the rating remains Neutral, the impact may not be as significant as it would be with an upgrade to Overweight or Buy.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100