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Analysts’ Opinions Are Mixed on These Technology Stocks: BIT Mining (BTCM), Zscaler (ZS) and Salesforce (CRM)

Analysts have been eager to weigh in on the Technology sector with new ratings on BIT Mining (BTCMResearch Report), Zscaler (ZSResearch Report) and Salesforce (CRMResearch Report).

BIT Mining (BTCM)

In a report released today, Kevin Dede from H.C. Wainwright maintained a Hold rating on BIT Mining. The company’s shares closed last Friday at $3.83.

According to TipRanks.com, Dede is a 2-star analyst with an average return of 0.0% and a 36.9% success rate. Dede covers the Technology sector, focusing on stocks such as MetaWorks Platforms, Digihost Technology, and Sphere 3D.

The the analyst consensus on BIT Mining is currently a Hold rating.

See the top stocks recommended by analysts >>

Zscaler (ZS)

Needham analyst Alex Henderson maintained a Buy rating on Zscaler today and set a price target of $290.00. The company’s shares closed last Friday at $235.23, close to its 52-week high of $259.61.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 16.3% and a 57.4% success rate. Henderson covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Lumentum Holdings, and CyberArk Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $251.88 average price target, which is a 9.6% upside from current levels. In a report issued on February 12, Mizuho Securities also maintained a Buy rating on the stock with a $310.00 price target.

Salesforce (CRM)

The company’s shares closed last Friday at $292.80, close to its 52-week high of $298.00.

According to TipRanks.com, Radke is a 4-star analyst with an average return of 7.7% and a 55.0% success rate. Radke covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Zoom Video Communications, and ZoomInfo Technologies.

Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $299.18, representing a 0.4% upside. In a report issued on February 16, TD Cowen also maintained a Hold rating on the stock with a $305.00 price target.

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