Thinking About Buying Stock Or Options In Zoom Video, Microsoft Or Canopy Growth?

Zoom Video Communications Inc ZM shares are trading higher by 1.5% at $332.49 in Wednesday's premarket session after the company reported better-than-expected first-quarter EPS and sales results. The company also issued second-quarter and FY22 EPS and sales guidance above analyst estimates.

• UBS analyst Karl Keirstead maintained Zoom with a Neutral and raised the price target from $325 to $345.
• Deutsche Bank analyst Matthew Nikam maintained Zoom with a Hold and raised the price target from $360 to $375.
• Piper Sandler analyst James Fish maintained Zoom with an Overweight and lowers the price target from $541 to $464.
• Citigroup analyst Walter Pritchard maintained Zoom with a Neutral and raises the price target from $362 to $380.
• BTIG analyst Matt VanVliet maintained Zoom with a Buy and lowered the price target from $550 to $495.

Microsoft Corporation MSFT shares are trading higher by around 0.25% after KGI Securities analyst Freddy Chen initiated coverage with an Outperform rating and announced a price target of $300.

See also: How To Buy Zoom Stock

Canopy Growth Corp CGC WEED shares are trading higher by 1.52% at $24.65 after Canaccord Genuity analyst Matt Bottomley upgraded from Sell to Hold and lowered the price target from CA$32 to CA$30.