JPMorgan downgrades Zoom after more than 500% rally this year

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City.
Kena Betancur | Getty Images

(This story is for CNBC PRO subscribers only.)

Zoom Video epitomizes the "stay at home trade," and JPMorgan believes the company is at risk of losing some customers once a Covid vaccine is widely available.

More In Street Calls

CNBC ProOne-time GameStop bull Telsey downgrades to sell, says price surge is unsustainable
CNBC ProHere are Monday's biggest analyst calls of the day: Apple, Roku, Planet Fitness, GameStop & more
CNBC ProHere are Bank of America's top stock picks for 2021