Analysts have been eager to weigh in on the Technology sector with new ratings on Zscaler (ZS – Research Report) and 8X8 (EGHT – Research Report).
Zscaler (ZS)
J.P. Morgan analyst Brian Essex maintained a Hold rating on Zscaler yesterday. The company’s shares closed last Friday at $181.41.
According to TipRanks.com, Essex is a 4-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $262.41 average price target.
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8X8 (EGHT)
Wells Fargo analyst Michael Turrin maintained a Sell rating on 8X8 on April 12 and set a price target of $2.00. The company’s shares closed last Friday at $2.33, close to its 52-week low of $2.15.
According to TipRanks.com, Turrin ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for 8X8 with a $3.81 average price target.
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Read More on ZS:
- Zscaler call volume above normal and directionally bullish
- Zscaler enters agreement to acquire Airgap Networks, terms not disclosed
- 5 Best Technology Stocks to Buy in April 2024, According to Analysts
- Zscaler Extends Zero Trust SASE Leadership and Eliminates the Need for Firewall-Based Segmentation
- QQQ ETF Update, 4/9/2024
