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Analysts Are Bullish on These Technology Stocks: Zscaler (ZS), N-able (NABL)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Zscaler (ZSResearch Report) and N-able (NABLResearch Report) with bullish sentiments.

Zscaler (ZS)

In a report released today, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Zscaler, with a price target of $265.00. The company’s shares closed last Thursday at $172.50.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 23.9% and a 70.7% success rate. Kothari covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $261.68 average price target, a 52.3% upside from current levels. In a report issued on May 6, Jefferies also maintained a Buy rating on the stock with a $275.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

N-able (NABL)

In a report released today, Mike Cikos from Needham maintained a Buy rating on N-able, with a price target of $16.50. The company’s shares closed last Thursday at $13.00.

According to TipRanks.com, Cikos is a 5-star analyst with an average return of 12.9% and a 52.9% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Tenable Holdings, and Cognyte Software.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for N-able with a $15.38 average price target.

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.

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