Zoom Video (ZM) Stock: $300 Price Target From Baird

By Amit Chowdhry ● Nov 24, 2021
  • The shares of Zoom Video Communications Inc (NASDAQ: ZM) have received a price target of $300 from Baird. These are the details.

The shares of Zoom Video Communications Inc (NASDAQ: ZM) have received a price target of $300 from Baird. And Baird analyst William Power reduced the price target from $335 while maintaining an “Outperform” rating on the shares.

Power noted that moderating growth has been and could continue being a near-term stock headwind. And Power remains positive on the company’s long-term growth and platform opportunity particularly as the growth rate troughs over the next couple of quarters.

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