JPMorgan raised the firm’s price target on Zoom Communications (ZM) to $90 from $85 and keeps a Neutral rating on the shares. The company reported “steady” Q3 results and has a path to gradually improve its growth.
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Read More on ZM:
- Zoom Video Communications: Stable Core Business with Modest Growth Prospects Justifies Hold Rating
- Zoom Communications price target raised to $90 from $89 at Bernstein
- Cautious Hold on Zoom Video Communications Amid Uncertain Long-Term Growth Prospects
- Zoom Video Communications: Strong Performance and Promising Growth Outlook
- Zoom Communications price target raised to $105 from $100 at Jefferies
