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ZM

Zoom Video

$67.03 /

-0.7 (-1.03%)

09:28
10/18/19
10/18
09:28
10/18/19
09:28

Zoom Video price target lowered to $75 from $90 at Rosenblatt

Rosenblatt analyst Ryan Koontz lowered his price target for Zoom Video Communications to $75 from $90 citing the market-wide multiple contraction for high multiple stocks in recent weeks. The analyst, who believes the contraction will likely be is sustained, left Zoom's Zoomtopia customer conference feeling both confident in the company's ability to execute against its plan in the near-term "while harboring consistent long-term concerns." Koontz remains cautious on Zoom's ability to disrupt the unified communications as a service market with Zoom Phone. He keeps a Neutral rating on Zoom Video.

  • 16

    Dec

ZM Zoom Video
$67.03 /

-0.7 (-1.03%)

10/11/19 Goldman Sachs
Crowdstrike downgraded to Sell from Neutral at Goldman Sachs
10/08/19 RBC Capital
Zoom Video price target lowered to $95 from $99 at RBC Capital
09/30/19 BofA
BofA/Merrill downgrades 8x8 to Underperform, cuts price target to $21
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