Analysts Conflicted on These NA Names: DocuSign Inc (DOCU) and Zscaler Inc (ZS)


Companies in the NA sector have received a lot of coverage today as analysts weigh in on DocuSign Inc (NASDAQ:DOCU) and Zscaler Inc (NASDAQ:ZS).

DocuSign Inc (DOCU)

In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on DocuSign Inc, with a price target of $68. The company’s shares closed yesterday at $63.10.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 19.8% and a 72.3% success rate. Walravens covers the Technology sector, focusing on stocks such as Ultimate Software, Salesforce.com, and Veeva Systems.

DocuSign Inc has an analyst consensus of Moderate Buy, with a price target consensus of $60.17.

See today’s analyst top recommended stocks >>

Zscaler Inc (ZS)

In a report released today, Melissa Franchi from Morgan Stanley maintained a Hold rating on Zscaler Inc, with a price target of $41. The company’s shares closed yesterday at $44.07.

According to TipRanks.com, Franchi is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -9.5% and a 45.5% success rate. Franchi covers the Technology sector, focusing on stocks such as Tenable Holdings Inc, SecureWorks Corp, and Splunk Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zscaler Inc with a $36.43 average price target.

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