Why Zoom Video's Stock Is Trading Higher Today

Zoom Video Communications ZM shares are trading higher on Wednesday, after Bernstein reportedly raised its price target on the stock from $157 to $228.

Zoom Video is popular in the virtual communication space and offers a cloud platform for video, audio conferencing, chat and webinars.

Zoom Video shares were trading up 6.4% at $218.74 during the time of publication on Wednesday. The stock has a 52-week high of $224.46 and a 52-week low of $60.97.

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