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home / news releases / ZM - Dear Wall Street Analysts: Please Stop Upgrading Overhyped Tech Stocks


ZM - Dear Wall Street Analysts: Please Stop Upgrading Overhyped Tech Stocks

Wall Street's sell-side technology analysts are pouring gas on the technology stock bonfire, but it's going to be the rest of us who get burned.

In recent months, these analysts haven't met a valuation they don't like. Instead, they are engaged in a game of cat and mouse with the stock market and each other: when market fervor for a given tech stock bumps its price within range of an analyst's declared target, the analyst simply moves their target price higher; other analysts covering the same stock quickly follow suit. The market, rife with v-shaped

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Stock Information

Company Name: Zoom Video Communications Inc.
Stock Symbol: ZM
Market: NYSE
Website: zoom.com

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