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2021-07-26

[Smile]

Bank of America names Zoom Video a top pick, says Five9 deal is a ‘game-changer’

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBank of America names Zoom Video a top pick, says Five9 deal is a ‘game-changer’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 19:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/07/26/zoom-video-stock-zm-bank-of-america.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zoom Video’s first big acquisition will help it remain a major player in enterprise software in the years ahead, according to Bank of America.\nZoom announced earlier this month that it is buying cloud...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/26/zoom-video-stock-zm-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/26/zoom-video-stock-zm-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1154417831","content_text":"Zoom Video’s first big acquisition will help it remain a major player in enterprise software in the years ahead, according to Bank of America.\nZoom announced earlier this month that it is buying cloud contact center stock Five9 in an all-stock deal worth just under $15 billion.\nBofA analyst Daniel Bartus named Zoom Video a top pick, saying in a note to clients Monday that the deal with Five9 puts two complementary businesses in an attractive bundle and is a “game-changer” for the business communications sector.\n“Together, Zoom/Five9 would be the strongest [unified communications and contact center as a service] combination in the market and the move increases the competitive risks for vendors selling both, such as RingCentral and 8x8,” the note said.\nShares of Zoom fell the day after the announcement, but the stock has since recovered most of those losses.\nBank of America has a price target of $480 per share for Zoom Video, which is more than 33% above where the stock closed Friday.\nZoom was one of the best performing stocks during 2020 as the Covid pandemic produced a surge in demand for video conference software. However, the stock peaked at roughly $568 per share last October.","news_type":1,"symbols_score_info":{"ZM":0.9}},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}