Evercore ISI Group Maintains In-Line on Zoom Video Comms, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Peter Levine maintains an In-Line rating on Zoom Video Communications (NASDAQ: ZM) and lowers the price target from $72 to $70.

May 21, 2024 | 11:57 am
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Evercore ISI Group has maintained an In-Line rating on Zoom Video Communications and lowered the price target from $72 to $70.
The lowered price target from $72 to $70 suggests a slightly bearish outlook on Zoom's stock performance. Maintaining an In-Line rating indicates that the stock is expected to perform in line with the market, but the reduced price target may lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100