Maxim Group analyst Allen Klee reiterated a Buy rating on Zedge (ZDGE – Research Report) today and set a price target of $7.00. The company’s shares closed yesterday at $2.23.
According to TipRanks, Klee is an analyst with an average return of -19.4% and a 23.46% success rate. Klee covers the Technology sector, focusing on stocks such as Iveda Solutions, Recruiter Group, and Research Solutions.
Currently, the analyst consensus on Zedge is a Moderate Buy with an average price target of $7.00.
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The company has a one-year high of $4.34 and a one-year low of $1.62. Currently, Zedge has an average volume of 51.38K.
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Zedge, Inc. engages in the provision of content platforms for smart phone personalization. It enables consumers to personalize their mobile devices with free ring tones, wallpapers, home screen widgets, app icons, and notification sounds. Its users can access content via smart phone app, called Zedge. The company was founded by Tom Arnoy in 2008 and is headquartered at New York, NY.
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