Baird raised the firm’s price target on Zoom Video (ZM) to $100 from $70 and keeps an Outperform rating on the shares. The firm said they reported strong FQ3 results, highlighted by improved enterprise and total revenue growth, which we have long viewed as a potential catalyst.
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Read More on ZM:
- Zoom Video price target raised to $89 from $78 at Bernstein
- Zoom Video price target raised to $90 from $75 at BofA
- Zoom Video price target raised to $70 from $60 at Wells Fargo
- Zoom Video upgraded to Outperform from In Line at Evercore ISI
- Zoom Video price target raised to $85 from $70 at Jefferies
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
