There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Zscaler (ZS – Research Report) and The Descartes Systems Group (DSGX – Research Report) with bullish sentiments.
Zscaler (ZS)
In a report released today, Patrick Colville from Scotiabank reiterated a Buy rating on Zscaler, with a price target of $204.00. The company’s shares closed last Tuesday at $188.76, close to its 52-week high of $195.07.
According to TipRanks.com, Colville is ranked 0 out of 5 stars with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $206.41 average price target, representing a 12.3% upside. In a report issued on November 13, Truist Financial also maintained a Buy rating on the stock with a $205.00 price target.
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The Descartes Systems Group (DSGX)
In a report released today, Kevin Krishnaratne from Scotiabank maintained a Buy rating on The Descartes Systems Group, with a price target of $86.00. The company’s shares closed last Tuesday at $80.91, close to its 52-week high of $82.38.
According to TipRanks.com, Krishnaratne is a 4-star analyst with an average return of
The Descartes Systems Group has an analyst consensus of Strong Buy, with a price target consensus of $93.33.
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Read More on ZS:
- Zscaler Appoints Two Key Go-to-Market Leaders to Scale Cloud Security Leader to $5 Billion ARR and Beyond
- Zscaler Reports First Quarter Fiscal 2024 Financial Results
- Zscaler options imply 8.5% move in share price post-earnings
- Options Volatility and Implied Earnings Moves Today, November 27, 2023
- Options Volatility and Implied Earnings Moves This Week, November 27 – December 01, 2023
