Mizuho analyst Siti Panigrahi lowered the firm’s price target on Zoom Video to $90 from $100 and keeps a Buy rating on the shares. Zoom reported a solid Q4, delivering revenue and operating margin above consensus expectations, while the fiscal 2025 revenue guidance is below consensus, but appears conservative, the analyst tells investors in a research note. Given Zoom’s strong free cash flow generation, the firm still believes management could pursue a potentially transformative acquisition.
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