Shares of Zoom Video Communications (NASDAQ: ZM) surged higher on Thursday, adding as much as 5.9%. Citic Securities analyst Junyun Chen initiated coverage of Zoom Video Communications with a buy rating while also issuing a price target of $260. The bullish call came as Zoom Video's stock had lost more than two-thirds of its value since it peaked last October. Read More...
Shares of Zoom Video Communications (NASDAQ: ZM) surged higher on Thursday, adding as much as 5.9%. Citic Securities analyst Junyun Chen initiated coverage of Zoom Video Communications with a buy rating while also issuing a price target of $260. The bullish call came as Zoom Video’s stock had lost more than two-thirds of its value since it peaked last October.
