Deutsche Bank: It’s a little tough to make the case for Zoom at these valuations

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  • CNBC Television published this video item, entitled “Deutsche Bank: It’s a little tough to make the case for Zoom at these valuations” – below is their description.

    Matthew Niknam, director of equity research at Deutsche Bank, says while there’s a lot of sustainability to Zoom’s revenue growth, the stock is the poster child of the work-from-home trend, and may have gotten ahead of itself.

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    In This Story: Deutsche Bank

    Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange. The bank’s network spans 58 countries with a large presence in Europe, the Americas and Asia.

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    Zoom is a videotelephony proprietary software program developed by Zoom Video Communications. The free plan provides a video chatting service that allows up to 100 concurrent participants, with a 40-minute time restriction. Users have the option to upgrade by subscribing to a paid plan.

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