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Zoom Video Communications (ZM) Receives a Buy from Mizuho Securities

Tipranks - Tipranks - Sat Feb 28, 11:16AM CST

In a report released yesterday, Siti Panigrahi from Mizuho Securities maintained a Buy rating on Zoom Video Communications, with a price target of $100.00.

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According to TipRanks, Panigrahi is an analyst with an average return of -5.2% and a 41.68% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Synopsys, Cadence Design, and Intuit.

In addition to Mizuho Securities, Zoom Video Communications also received a Buy from TipRanks – OpenAI’s OpenAI Software – Application in a report issued today. However, on the same day, TipRanks – Anthropic reiterated a Hold rating on Zoom Video Communications (NASDAQ: ZM).

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Based on Zoom Video Communications’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.25 billion and a net profit of $674.08 million. In comparison, last year the company earned a revenue of $1.18 billion and had a net profit of $367.87 million

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