Wedbush Remains a Buy on J2 Global (JCOM)


Wedbush analyst Daniel Ives maintained a Buy rating on J2 Global (JCOM) today and set a price target of $95. The company’s shares opened today at $74.87.

According to TipRanks.com, Ives is a 4-star analyst with an average return of 4.2% and a 55.6% success rate. Ives covers the Technology sector, focusing on stocks such as Tenable Holdings Inc, Citrix Systems, and Nice-Systems.

J2 Global has an analyst consensus of Strong Buy, with a price target consensus of $96.33, a 28.7% upside from current levels. In a report released today, Robert W. Baird also maintained a Buy rating on the stock with a $94 price target.

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The company has a one-year high of $91.58 and a one-year low of $69.09. Currently, J2 Global has an average volume of 371.9K.

Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

j2 Global, Inc. is a holding company, which engages in the provision of Internet services. It operates through the Business Cloud Services and Digital Media segments.

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