Bank of America raised its price target on the stock and said the company is benefiting from the stay-at-home orders.benefiting from a near-perfect 1H setup with strong content, stay-at-home orders, suspended sports leagues and shuttered movie theatres seeing consumers globally turn to the streaming TV service.
"Cantor initiated the stock as overweight and said it sees significant upside potential in the video conferencing service.with an Overweight rating and a 12-month price target of $150. We believe the current Covid-19 environment presents significant upside potential not currently assumed in the stock. Zoom provides a superior communication platform in a time where video and connectivity is becoming more important for all industries and business sizes.
Pro New dotcom bubble, good idea.
Pro B of A raised its price target on Netflix to $460 from $426.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Stocks making the biggest moves in the premarket: JPMorgan, J&J, Roku, Apple, Disney, Tesla & moreThe stocks making the biggest moves in premarket trading include JPMorgan, J&J, Roku, Apple, Disney, Tesla, and more. Trump said 'I have power to open economy' stocks respond CommonSense COVID19 ForThePeople CoronaLockdown Katie Porter will be the next Vice President of the United States of America. And next election cycle she will be the first Female President of the United States. BIDENPORTER2020 RepKatiePorter
Källa: CNBC - 🏆 12. / 72 Läs mer »
Stocks making the biggest moves after hours: Roku, AMC, Tesla and moreCheck out the companies making headlines after the bell.
Källa: CNBC - 🏆 12. / 72 Läs mer »
The strategist who warned investors there was nowhere to run now sees opportunities as earnings season beginsThe strategist who warned investors in February there was nowhere to run sees opportunities this earnings season (via TradingNation) Strategist lmao. One minute they are bullish and next bearish. Why waste money just employ 3 Yr olds that will give you the same info. 'Pandemic - The Achilles Heel of American Society'...and made far, far, more vulnerable by a dictatorial administration, and a complicit GOP. While Americans lock themselves down, the American piggy bank is being robbed by grifters, liars, and despicable human beings. Earnings? Who cares about Q1 earnings? Who besides Walmart/costco/target have earnings guidance of any relevance?
Källa: CNBC - 🏆 12. / 72 Läs mer »
Wall Street analysts turned very bullish on these stocks during the pandemic market turmoilFor subscribers: Wall Street analysts turned very bullish on these stocks during the pandemic market turmoil Check out CNBCPro and get your first 7 days free. Pro it aint Coke tho
Källa: CNBC - 🏆 12. / 72 Läs mer »