Weekly Recap | Zoom Communications +3.53%, most brokers rate it buy
Weekly Review·- Zoom Communications closed the week at 92.88 USD, recording a cumulative increase of 3.53% and outperforming the S P 500 by approximately 3.8 percentage points. - Among 30 covering institutions, 16 rated it as a buy, with a consensus target price of 118.24 USD representing a potential upside of about 27.3%. - Future performance will likely be driven by macro data releases and software sector risk appetite while monitoring support levels near the 20 day moving average.