There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Zendesk (ZEN) and Airbus Group SE (EADSF) with bullish sentiments.
Zendesk (ZEN)
In a report released yesterday, Kenneth Wong from Guggenheim maintained a Buy rating on Zendesk, with a price target of $180.00. The company’s shares closed last Thursday at $149.53.
According to TipRanks.com, Wong is a 4-star analyst with an average return of 27.4% and a 69.6% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Altair Engineering, and Veeva Systems.
Currently, the analyst consensus on Zendesk is a Strong Buy with an average price target of $190.08, a 22.1% upside from current levels. In a report issued on April 22, Wolfe Research also initiated coverage with a Buy rating on the stock with a $180.00 price target.
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Airbus Group SE (EADSF)
In a report released today, Chris Hallam from Goldman Sachs maintained a Buy rating on Airbus Group SE, with a price target of EUR135.00. The company’s shares closed last Thursday at $122.75, close to its 52-week high of $125.40.
Hallam has an average return of 9.3% when recommending Airbus Group SE.
According to TipRanks.com, Hallam is ranked #2516 out of 7490 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airbus Group SE with a $129.89 average price target, which is a 5.8% upside from current levels. In a report issued on April 15, J.P. Morgan also maintained a Buy rating on the stock with a EUR115.00 price target.
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