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Zoom Video (ZM) PT Lowered to $380 at Baird; 'Buy on Weakness'

August 31, 2021 7:58 AM EDT

Baird analyst William Power lowered the price target on Zoom Video (NASDAQ: ZM) to $380.00 (from $445.00) while maintaining an Outperform rating following results. The analyst is telling clients to "buy on weakness."

The analyst commented, "Yesterday afternoon ZM reported solid FQ2 results though... More