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Benzinga

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Anusuya Lahiri

Zoom Video Shares Fall As Analysts Cut Price Targets Post Q4

Zoom ZM Zoom Video Communications Inc

Analysts slashed their price targets on Zoom Video Communications Inc (NASDAQ:ZM) post Q4 results.

Deutsche Bank analyst Matthew Nikam lowered the price target on Zoom to $155 from $280 (16.9% upside) and kept a Hold. The analyst reduced fiscal 2023 estimates by 2%-3% post the Q4 results.

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