KeyBanc Raises Zoom (ZM) Target to $74, Keeps Underweight Rating

Group 1 - KeyBanc raised its price target on Zoom Communications, Inc. from $69 to $74 while maintaining an Underweight rating, citing bearish sentiment despite growth exceeding year-end estimates [1] - Bernstein lowered its price target on Zoom from $90 to $88, maintaining a Market Perform rating, noting operational consistency and stability in the online segment with a 2.9% monthly churn [2] - Zoom Communications, Inc. is recognized for its videoconferencing application and was founded in 2011, with analysts suggesting that certain AI stocks may offer greater upside potential compared to Zoom [3] Group 2 - The anticipated revenue growth for Zoom in 2026 is attributed to price hikes from June and an upcoming annual SKU price increase starting in March [2] - Analysts expect a pause in margin expansion due to increased expenses from investments in product development and sales initiatives [1]