Zoom jumps on AI bandwagon, forecasts upbeat 2024 profit targets
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Zoom Video (ZM) PT Lowered to $85 at Goldman Sachs
February 28, 2023 4:00 AM ESTGoldman 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
