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Even with businesses reopening their offices, Zoom Video Communications Inc (NASDAQ:ZM) is poised to benefit from a “future hybrid work state,” in which enterprise IT budgets will continue to prioritize video and cloud communications, according to KeyBanc Capital Markets. The Zoom Video Communications Analyst: Steve Enders upgraded the rating for Zoom Video Communications from Sector Weight to Overweight, while maintaining the price target at $428.
...read full article on Benzinga