Rosenblatt analyst Catharine Trebnick initiated coverage of Zoom Video Communications with a Neutral rating and $75 price target. The analyst views the stock’s current valuation as "fair" given saying Zoom’s growth profile of 1.6% falls below the 16% average of its peer group. The firm will look to be more constructive on the name when revenue contribution, retention levels, international contribution and growth of its cohort solutions resumes.
Published first on TheFly
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