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 ProHere are Friday's biggest analyst calls of the day: Nikola, Boeing, Western Digital, Oracle & more
CNBC ProMorgan Stanley slashes through the hype and picks 2 'green hydrogen' stocks
CNBC ProChipmakers are taking a beating, but investment bank CLSA sees one with 37% upside