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Analysts Offer Insights on Technology Companies: Freshworks (FRSH), Zebra Tech (ZBRA) and Beam Global (BEEM)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Freshworks (FRSHResearch Report), Zebra Tech (ZBRAResearch Report) and Beam Global (BEEMResearch Report).

Freshworks (FRSH)

In a report issued on January 17, Scott Berg from Needham maintained a Buy rating on Freshworks, with a price target of $30.00. The company’s shares closed last Monday at $21.96.

According to TipRanks.com, Berg is a 1-star analyst with an average return of -0.7% and a 48.7% success rate. Berg covers the Technology sector, focusing on stocks such as Klaviyo, Inc. Class A, BigCommerce Holdings, and Ceridian HCM Holding.

Currently, the analyst consensus on Freshworks is a Moderate Buy with an average price target of $24.85, implying a 14.9% upside from current levels. In a report issued on January 5, Jefferies also upgraded the stock to Buy with a $30.00 price target.

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Zebra Tech (ZBRA)

Morgan Stanley analyst Meta Marshall maintained a Sell rating on Zebra Tech on January 17 and set a price target of $210.00. The company’s shares closed last Monday at $254.35.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 4.8% and a 53.6% success rate. Marshall covers the Technology sector, focusing on stocks such as Hewlett Packard Enterprise, Zoom Video Communications, and Keysight Technologies.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zebra Tech with a $265.40 average price target.

Beam Global (BEEM)

In a report issued on January 17, Chris Pierce from Needham reiterated a Hold rating on Beam Global. The company’s shares closed last Monday at $6.45, close to its 52-week low of $5.00.

According to TipRanks.com, Pierce has 0 stars on 0-5 stars ranking scale with an average return of -26.1% and a 27.2% success rate. Pierce covers the NA sector, focusing on stocks such as ChargePoint Holdings, Rivian Automotive, and ACV Auctions.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Beam Global with a $23.00 average price target, a 288.5% upside from current levels. In a report issued on January 12, TD Cowen also assigned a Hold rating to the stock.

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