BUZZ-Citigroup upgrades <a href="https://laohu8.com/S/ZM">Zoom</a> Communications to 'buy'** Citigroup upgrades Zoom Communications ZM.O to "buy" from "neutral"
** Raises PT to $106 from $94, a 22.2% upside to stock's last close
** Sees "clearer" growth catalyst which can drive more than 5% of sustainable top-line growth
** Adds this is due to multi-product growth drivers coming from Zoom Contact Center (ZCC) and improved AI monetization via Custom AI Companion
** Says ZM is well positioned for AI in software with its differentiated video/bandwidth infrastructure
** 15 of 31 brokerages recommend "buy" or higher, 14 "hold" and 2 "sell"; median PT is $94.5 - data compiled by LSEG
** ZM rose 5.7% in 2025
(Reporting by Arnav Mishra in Bengaluru)
((Arnav.Mishra@thomsonreuters.com;))
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