RBC Capital analyst Rishi Jaluria keeps an Outperform rating and $95 price target on Zoom but noted the company’s Q4 results were “decent” and its outlook was “constructive”. Online showed signs of stabilizing with flat y/ygrowth and stable churn, and given the platform consolidation opportunities, CCaaS ramping, Online stability, and a prudent view of macro conditions, the stock offers upside, the analyst tells investors in a research note.
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