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Analysts Offer Insights on Technology Companies: Klaviyo, Inc. Class A (KVYO), Zai Lab (ZLAB) and Mobileye Global, Inc. Class A (MBLY)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Klaviyo, Inc. Class A (KVYOResearch Report), Zai Lab (ZLABResearch Report) and Mobileye Global, Inc. Class A (MBLYResearch Report) with bullish sentiments.

Klaviyo, Inc. Class A (KVYO)

Mizuho Securities analyst Siti Panigrahi reiterated a Buy rating on Klaviyo, Inc. Class A yesterday and set a price target of $40.00. The company’s shares closed last Monday at $27.90, close to its 52-week low of $26.15.

According to TipRanks.com, Panigrahi has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -5.2% and a 43.4% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Ceridian HCM Holding, and Squarespace.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Klaviyo, Inc. Class A with a $38.80 average price target, which is a 41.3% upside from current levels. In a report issued on October 15, Truist Financial also initiated coverage with a Buy rating on the stock with a $42.00 price target.

See today’s best-performing stocks on TipRanks >>

Zai Lab (ZLAB)

Leerink Partners analyst Jonathan Chang maintained a Buy rating on Zai Lab on October 26 and set a price target of $74.00. The company’s shares closed last Monday at $25.39, close to its 52-week low of $22.11.

According to TipRanks.com, Chang is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.6% and a 23.7% success rate. Chang covers the Healthcare sector, focusing on stocks such as Adaptimmune Therapeutics, Karyopharm Therapeutics, and Revolution Medicines.

Currently, the analyst consensus on Zai Lab is a Strong Buy with an average price target of $61.10, implying a 143.9% upside from current levels. In a report issued on October 18, Bank of America Securities also maintained a Buy rating on the stock with a $35.38 price target.

Mobileye Global, Inc. Class A (MBLY)

Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on Mobileye Global, Inc. Class A on October 26 and set a price target of $48.00. The company’s shares closed last Monday at $33.82.

According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 18.6% and a 56.5% success rate. Rakesh covers the Technology sector, focusing on stocks such as Credo Technology Group Holding Ltd, Advanced Micro Devices, and Allegro MicroSystems.

Mobileye Global, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $50.92, implying a 43.3% upside from current levels. In a report issued on October 26, Goldman Sachs also maintained a Buy rating on the stock.

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