Wall Street Analysts Think Zoom Video (ZM) Could Surge 27.69%: Read This Before Placing a Bet
Zoom(ZM) ZACKS·2024-07-16 14:56
The mean estimate comprises 23 short-term price targets with a standard deviation of $9.78. While the lowest estimate of $55 indicates a 5.7% decline from the current price level, the most optimistic analyst expects the stock to surge 62.9% to reach $95. It's very important to note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. However, an impressive consensus price target is not the only fac ...