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.
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