Zoom Video Communications Reports Financial Results for the First Quarter of Fiscal Year 2023

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Zoom Video (ZM) PT Raised to $128 at Benchmark, 'Significant Enterprise Momentum'

May 24, 2022 6:20 AM EDT

Benchmark analyst Matthew Harrigan raised the price target on Zoom Video (NASDAQ: ZM) to $128.00 (from $124.00) while maintaining a Buy rating.

The analyst comments "Zoom stock initially rose as much as 21% post close yesterday, a response to evident F1Q23 enterprise momentum and product... More