Analysts have been eager to weigh in on the Technology sector with new ratings on Telefonica Brasil (NYSE:VIV) and Zynga (NASDAQ:ZNGA).
Telefonica Brasil (VIV)
In a report released today, Mathieu Robilliard from Barclays maintained a Buy rating on Telefonica Brasil, with a price target of $14.50. The company’s shares opened today at $11.69.
According to TipRanks.com, Robilliard is a 3-star analyst with an average return of 5.9% and a 65.1% success rate. Robilliard covers the Technology sector, focusing on stocks such as Iridium Communications, Telecom Italia SPA, and Tim Participacoes.
Telefonica Brasil has an analyst consensus of Moderate Buy, with a price target consensus of $14.50, implying a 24.0% upside from current levels. In a report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $15 price target.
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Zynga (ZNGA)
Barclays analyst Ryan Gee maintained a Sell rating on Zynga today and set a price target of $3.40. The company’s shares opened today at $3.54.
Gee has an average return of 5.6% when recommending Zynga.
According to TipRanks.com, Gee is ranked #3973 out of 4895 analysts.
Zynga has an analyst consensus of Moderate Buy, with a price target consensus of $4.83.
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