Analysts have been eager to weigh in on the Technology sector with new ratings on Zscaler Inc (ZS) and NIC Inc (EGOV).
Zscaler Inc (ZS)
In a report released today, Melissa Franchi from Morgan Stanley maintained a Sell rating on Zscaler Inc, with a price target of $40.00. The company’s shares closed last Monday at $42.17.
According to TipRanks.com, Franchi is a 1-star analyst with an average return of -3.6% and a 45.7% success rate. Franchi covers the Technology sector, focusing on stocks such as CyberArk Software, Proofpoint Inc, and Okta Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zscaler Inc with a $64.40 average price target.
See today’s analyst top recommended stocks >>
NIC Inc (EGOV)
D.A. Davidson analyst Peter Heckmann maintained a Hold rating on NIC Inc today and set a price target of $22.00. The company’s shares closed last Monday at $21.07.
According to TipRanks.com, Heckmann is a 4-star analyst with an average return of 14.0% and a 75.0% success rate. Heckmann covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Bottomline Technologies, and AppFolio.
Currently, the analyst consensus on NIC Inc is a Moderate Buy with an average price target of $23.50.
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