Morgan Stanley Maintains Equal-Weight on Zoom Video Comms, Lowers Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on Zoom Video Communications (NASDAQ:ZM) but has lowered the price target from $72 to $68.
June 14, 2024 | 1:00 pm
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Morgan Stanley has maintained its Equal-Weight rating on Zoom Video Communications but has lowered the price target from $72 to $68.
The lowered price target from $72 to $68 by Morgan Stanley suggests a less optimistic outlook for Zoom Video Communications, which could negatively impact the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100