Zoom Video (ZM) PT Lowered to $398 at KeyBanc
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Go back to Zoom Video (ZM) PT Lowered to $398 at KeyBanc
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
August 31, 2021 6:21 AM EDT
Mizuho Securities analyst Siti Panigrahi lowered the price target on Zoom Video (NASDAQ: ZM) to $350.00 (from $400.00) while maintaining a Buy rating.
The analyst commented, "While Zoom surpassed expectations for the quarter, churn rising earlier-than-expected in the... More
August 31, 2021 6:19 AM EDT
Stifel analyst Tom Roderick lowered the price target on Zoom Video (NASDAQ: ZM) to $350.00 (from $450.00) while maintaining a Hold rating.
The analyst commented, "On Monday after the market close, Zoom announced 2Q22 results that were highlighted by the achievement of multiple milestones,... More
August 31, 2021 5:54 AM EDT
Shares of Zoom Video Communications (NASDAQ: ZM) are down 11% in pre-open Tuesday after Q2 results showed signs of a slowdown.
Zoom reported Q2 EPS of $1.36 to easily top the analyst estimate of $1.02. Sales for the quarter came in at $1.02 billion versus the consensus estimate of $990.9 million.
In Q2, we achieved our first billion dollar revenue quarter while delivering strong profitability... More
