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Fly News Breaks for March 5, 2020
ZM
Mar 5, 2020 | 07:33 EDT
As previously reported, Stephens analyst Ryan MacWilliams downgraded Zoom Video to Equal Weight from Overweight with an unchanged price target of $95. Although he is incrementally more confident in Zoom's growth trajectory following the company's Q4 report and remains a "firm believer" in Zoom Phone, he thinks the current valuation prices in his bullish outlook, MacWilliams tells investors.
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