BTIG Reaffirms Their Hold Rating on Zoom Video Communications (ZM)

In a report released on November 21, Matthew VanVliet from BTIG maintained a Hold rating on Zoom Video Communications (ZMResearch Report). The company’s shares opened today at $76.14.

VanVliet covers the Technology sector, focusing on stocks such as Blackbaud, Guidewire, and FiscalNote Holdings. According to TipRanks, VanVliet has an average return of -15.0% and a 29.19% success rate on recommended stocks.

In addition to BTIG, Zoom Video Communications also received a Hold from Deutsche Bank’s Matthew Niknam in a report issued yesterday. However, on the same day, Citigroup maintained a Sell rating on Zoom Video Communications (NASDAQ: ZM).

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The company has a one-year high of $235.97 and a one-year low of $70.44. Currently, Zoom Video Communications has an average volume of 4.18M.

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Founded in 2011, Zoom Video Communications, Inc. is a cloud-based peer-to-peer software platform that connects people through videotelephony and online chat services. Its video-first communications platform is used for teleconferencing, telecommuting, distance education, and social relations.

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