Zoom Video Communications Inc ZM shares are trading higher by 5% at $364 Friday afternoon after RBC Capital assumed the stock at an Outperform rating and named it their top pick.
Zoom provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East and Africa.
Zoom offers Zoom Meetings that allow for HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones and conference room systems.
Zoom also offers Zoom Phone, an enterprise cloud phone system that provides secure call routing, call queuing, call detail reports, call recording, call quality monitoring, voicemail, switch to video, and other services, as well as inbound and outbound calling services.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
