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Analysts Are Bullish on Top Technology Stocks: Zoom Video Communications (ZM), CrowdStrike Holdings (CRWD)

Tipranks - Sat Apr 11, 6:18AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Zoom Video Communications (ZM), CrowdStrike Holdings (CRWD) and SPS Commerce (SPSC) with bullish sentiments.

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Zoom Video Communications (ZM)

Rosenblatt Securities analyst Catharine Trebnick reiterated a Buy rating on Zoom Video Communications today and set a price target of $115.00. The company’s shares closed last Thursday at $84.03.

According to TipRanks.com, Trebnick ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -6.1% and a 37.9% success rate. Trebnick covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and SentinelOne. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoom Video Communications with a $100.24 average price target, implying a 20.4% upside from current levels. In a report issued on April 5, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $97.00 price target.

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CrowdStrike Holdings (CRWD)

Morgan Stanley analyst Meta Marshall maintained a Buy rating on CrowdStrike Holdings today and set a price target of $510.00. The company’s shares closed last Thursday at $394.68.

According to TipRanks.com, Marshall is a 3-star analyst with an average return of 2.6% and a 51.2% success rate. Marshall covers the Technology sector, focusing on stocks such as Keysight Technologies, Motorola Solutions, and Palo Alto Networks. ;'>

Currently, the analyst consensus on CrowdStrike Holdings is a Strong Buy with an average price target of $484.06, implying a 13.6% upside from current levels. In a report issued on March 30, Wolfe Research also upgraded the stock to Buy with a $450.00 price target.

SPS Commerce (SPSC)

In a report released today, George Kurosawa from Citi maintained a Buy rating on SPS Commerce, with a price target of $84.00. The company’s shares closed last Thursday at $52.29.

According to TipRanks.com, Kurosawa is ranked #11859 out of 12128 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SPS Commerce with a $83.11 average price target, representing a 51.1% upside. In a report issued on March 27, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $63.00 price target.

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