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Zoom Communications price target raised to $115 from $110 at Rosenblatt

Rosenblatt raised the firm’s price target on Zoom Communications (ZM) to $115 from $110 and keeps a Buy rating on the shares. The firm upped fiscal 2026 and 2027 revenue estimates ahead of the company’s earnings report citing “highly bullish” channel checks. Zoom’s “180-degree” pivot to a partner-first model is “supercharging” its go-to-market motion, the analyst tells investors in a research note.

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