Zoom Video upgraded to overweight, as Keybanc says hybrid work is here to stay

Published Thu, Jul 29 20216:36 AM EDTUpdated Thu, Jul 29 20219:25 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Eric Yuan, founder and chief executive officer of Zoom Video Communications, at right, speaks with Jay Heller, head of capital markets & initial public offering execution of Nasdaq, during the company's IPO at the Nasdaq MarketSite in New York on April 18, 2019.

Victor J. Blue | Bloomberg | Getty Images

The emergence of hybrid work will give Zoom Video a chance to grow into its potential, and investors should benefit, according to KeyBanc.