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Analysts Offer Insights on Technology Companies: Klaviyo, Inc. Class A (KVYO), Inseego (INSG) and Zscaler (ZS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Klaviyo, Inc. Class A (KVYOResearch Report), Inseego (INSGResearch Report) and Zscaler (ZSResearch Report).

Klaviyo, Inc. Class A (KVYO)

In a report released today, Brent Bracelin from Piper Sandler reiterated a Buy rating on Klaviyo, Inc. Class A, with a price target of $38.00. The company’s shares closed last Tuesday at $24.95, close to its 52-week low of $23.93.

According to TipRanks.com, Bracelin is a 4-star analyst with an average return of 4.2% and a 51.0% success rate. Bracelin covers the Technology sector, focusing on stocks such as ZoomInfo Technologies, Procore Technologies, and AvidXchange Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Klaviyo, Inc. Class A with a $38.40 average price target.

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

Inseego (INSG)

Stifel Nicolaus analyst Tore Svanberg maintained a Hold rating on Inseego today and set a price target of $2.00. The company’s shares closed last Tuesday at $0.19.

According to TipRanks.com, Svanberg is a top 100 analyst with an average return of 17.3% and a 65.0% success rate. Svanberg covers the Technology sector, focusing on stocks such as MACOM Technology Solutions Holdings, Credo Technology Group Holding Ltd, and Silicon Laboratories.

Currently, the analyst consensus on Inseego is a Hold with an average price target of $1.50.

Zscaler (ZS)

Stifel Nicolaus analyst Adam Borg maintained a Buy rating on Zscaler today and set a price target of $270.00. The company’s shares closed last Tuesday at $242.59, close to its 52-week high of $245.00.

According to TipRanks.com, Borg is a 5-star analyst with an average return of 16.6% and a 72.8% success rate. Borg covers the Technology sector, focusing on stocks such as Procore Technologies, CrowdStrike Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Zscaler is a Strong Buy with an average price target of $238.06, implying a -1.8% downside from current levels. In a report issued on January 17, Bernstein also initiated coverage with a Buy rating on the stock with a $311.00 price target.

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