There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Zebra Tech (ZBRA) and Twilio (TWLO) with bullish sentiments.
Zebra Tech (ZBRA)
In a report released today, James Ricchiuti from Needham assigned a Buy rating to Zebra Tech, with a price target of $320.00. The company’s shares closed last Monday at $288.25, close to its 52-week high of $295.53.
According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 16.2% and a 63.8% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Faro Technologies.
Zebra Tech has an analyst consensus of Moderate Buy, with a price target consensus of $289.67.
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Twilio (TWLO)
Northland Securities analyst Michael Latimore maintained a Buy rating on Twilio today and set a price target of $340.00. The company’s shares closed last Monday at $329.72.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 21.4% and a 59.2% success rate. Latimore covers the Technology sector, focusing on stocks such as Comtech Telecommunications, Synchronoss Technologies, and Ribbon Communications.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Twilio with a $330.00 average price target, which is a 2.3% upside from current levels. In a report issued on October 1, Canaccord Genuity also maintained a Buy rating on the stock with a $310.00 price target.
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