There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Ubiquiti Networks (UI – Research Report) and Zscaler (ZS – Research Report) with bullish sentiments.
Ubiquiti Networks (UI)
BWS Financial analyst Hamed Khorsand maintained a Buy rating on Ubiquiti Networks today and set a price target of $375.00. The company’s shares closed last Monday at $201.60, close to its 52-week low of $195.54.
According to TipRanks.com, Khorsand is a 5-star analyst with an average return of
Ubiquiti Networks has an analyst consensus of Hold, with a price target consensus of $291.00.
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Zscaler (ZS)
In a report released today, Brian Colley from Stephens reiterated a Buy rating on Zscaler, with a price target of $165.00. The company’s shares closed last Monday at $105.76.
According to TipRanks.com, Colley has 0 stars on 0-5 stars ranking scale with an average return of
Zscaler has an analyst consensus of Moderate Buy, with a price target consensus of $155.46, which is a 73.8% upside from current levels. In a report issued on May 1, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $135.00 price target.
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