Zoom (ZM) Tops Q4 EPS by 41c, Issues Mixed Outlook

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Go back to Zoom (ZM) Tops Q4 EPS by 41c, Issues Mixed Outlook

Zoom Video (ZM) PT Lowered to $85 at Goldman Sachs

February 28, 2023 4:00 AM EST

Goldman Sachs analyst Kash Rangan lowered the price target on Zoom Video (NASDAQ: ZM) to $85.00 (from $92.00) while maintaining a Neutral rating.

The analyst comments "Zoom delivered solid F4Q results on tempered investor expectations with revenue, op. margin and FCF coming in above-Consensus, benefiting from solid Enterprise performance (+18% revenue... More