There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Confluent (CFLT – Research Report), ZeroFox Holdings (ZFOX – Research Report) and SoFi Technologies (SOFI – Research Report) with bullish sentiments.
Confluent (CFLT)
In a report released today, Joel Fishbein from Truist Financial reiterated a Buy rating on Confluent, with a price target of $42.00. The company’s shares closed last Friday at $33.13.
According to TipRanks.com, Fishbein is a 5-star analyst with an average return of
Currently, the analyst consensus on Confluent is a Moderate Buy with an average price target of $37.12, which is a 9.7% upside from current levels. In a report issued on June 12, Needham also maintained a Buy rating on the stock with a $35.00 price target.
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ZeroFox Holdings (ZFOX)
Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Buy rating on ZeroFox Holdings today and set a price target of $3.00. The company’s shares closed last Friday at $1.08, close to its 52-week low of $0.75.
According to TipRanks.com, Ruykhaver is a top 100 analyst with an average return of
Currently, the analyst consensus on ZeroFox Holdings is a Moderate Buy with an average price target of $3.50.
SoFi Technologies (SOFI)
Truist Financial analyst Andrew Jeffrey reiterated a Buy rating on SoFi Technologies today and set a price target of $11.00. The company’s shares closed last Friday at $8.28.
According to TipRanks.com, Jeffrey is a 5-star analyst with an average return of
Currently, the analyst consensus on SoFi Technologies is a Moderate Buy with an average price target of $8.60, an 8.7% upside from current levels. In a report issued on June 13, BTIG also initiated coverage with a Buy rating on the stock with a $14.00 price target.
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Read More on CFLT:
- Confluent price target raised to $42 from $32 at DA Davidson
- Confluent initiated with a Peer Perform at Wolfe Research
- Confluent price target raised to $38 from $27 at Deutsche Bank
- Guggenheim downgrades Confluent, sees near-term upside priced in
- Confluent price target raised to $42 from $30 at Truist
