Piper Sandler Reiterates Neutral Rating on Zoom Video (ZM)

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Zoom Video (ZM) PT Lowered to $71 at Deutsche Bank

May 22, 2024 5:31 AM EDT

Deutsche Bank analyst Matthew Niknam lowered the price target on Zoom Video (NASDAQ: ZM) to $71.00 (from $72.00) while maintaining a Hold rating.

The analyst comments "Net net, we continue to believe F2Q25E will likely mark the bottom for Zoom's revenue growth at +1% yoy, with easing comps in... More