Stifel Maintains Hold on Zoom Video Comms, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Parker Lane maintains a Hold rating on Zoom Video Communications (NASDAQ:ZM) but lowers the price target from $70 to $65.
May 21, 2024 | 12:11 pm
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Stifel analyst Parker Lane maintains a Hold rating on Zoom Video Communications (NASDAQ:ZM) but lowers the price target from $70 to $65.
The lowered price target from $70 to $65 suggests a less optimistic outlook for Zoom's stock performance, which could lead to a short-term negative impact on the stock price.
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