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Zoom Video price target lowered to $77 from $84 at Baird

Baird analyst William Power lowered the firm’s price target on Zoom Video to $77 from $84 and keeps an Outperform rating on the shares. The firm said they reported solid FQ2 results, including modest upside to revenue and profitability. The company also raised full-year revenue, profitability and cash flow guidance modestly.

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