Needham analyst Ryan Koontz reiterated a Hold rating on Zoom Video (ZM), saying the company will be a likely beneficiary of Microsoft (MSFT) reportedly unbundling Teams from Office. The firm said that Teams has become a dominant enterprise collaboration platform, making the unbundling move increase its confidence that Zoom can achieve consensus growth of 5% in its fiscal 2025. Needham added that it still views the coming AI capabilities and seamless compatibility with Office as a major advantage for Microsoft.
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