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Fly News Breaks for September 6, 2019
ZM
Sep 6, 2019 | 07:23 EDT
Stifel analyst Tom Roderick said Zoom Video reported Q2 results that "easily" beat Street expectations again in the company's second earnings report as a public company. Additionally, the company's guidance for the rest of FY20 "will serve to completely shred all Street models," said Roderick, who thinks the shares are "priced for perfection" but Zoom's results were "pretty darn close" to that. He keeps a Hold rating on the stock, entirely on valuation, but raised his price target on Zoom shares to $90 from $80.
News For ZM From the Last 2 Days
ZM
Apr 24, 2024 | 15:42 EDT
Welcome to "#SocialStocks," The Fly's weekly recap of Wall Street's reactions to social media stock news. TIK TOK BAN... To see the rest of the story go to thefly.com. See Story Here
