Needham analyst Ryan Koontz maintained a Hold rating on Zoom Video Communications (ZM – Research Report) today. The company's shares closed last Monday at $242.28, close to its 52-week low of $238.20. According to TipRanks.com, Koontz is a 4-star analyst with an average return of 16.7% and a 56.0% success rate. Koontz covers the Technology sector, focusing on stocks such as Vonage Holdings, KVH Industries, and RingCentral. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoom Video Communications with a $328.88 average price target, which is a 31.9% upside from current levels.
https://www.tipranks.com/news/blurbs/needham-sticks-to-their-hold-rating-for-zoom-video-communications-zm?utm_source=advfn.com&utm_medium=referral
Zoom Video Communications (NASDAQ:ZM)
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