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Analysts Offer Insights on Technology Companies: Adobe (ADBE), Manhattan Associates (MANH) and Zscaler (ZS)

Tipranks - Tipranks - Sat Jun 13, 7:40AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Adobe (ADBE), Manhattan Associates (MANH) and Zscaler (ZS) with bullish sentiments.

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Adobe (ADBE)

D.A. Davidson analyst Gil Luria maintained a Buy rating on Adobe yesterday and set a price target of $250.00. The company’s shares closed last Thursday at $218.80.

According to TipRanks.com, Luria is a 4-star analyst with an average return of 10.0% and a 51.0% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Advanced Micro Devices, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for Adobe with a $263.20 average price target, representing a 14.5% upside. In a report issued on June 1, J.P. Morgan also initiated coverage with a Buy rating on the stock with a $420.00 price target.

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

Manhattan Associates (MANH)

Truist Financial analyst Terry Tillman maintained a Buy rating on Manhattan Associates today. The company’s shares closed last Thursday at $140.29.

According to TipRanks.com, Tillman has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -10.7% and a 33.6% success rate. Tillman covers the Technology sector, focusing on stocks such as ServiceTitan, Inc. Class A, Zeta Global Holdings Corp, and Klaviyo, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Manhattan Associates with a $184.83 average price target, a 30.6% upside from current levels. In a report issued on June 2, TipRanks – Anthropic also upgraded the stock to Buy with a $177.00 price target.

Zscaler (ZS)

In a report released today, Ittai Kidron from Oppenheimer maintained a Buy rating on Zscaler, with a price target of $250.00. The company’s shares closed last Thursday at $126.11.

According to TipRanks.com, Kidron is a 4-star analyst with an average return of 7.6% and a 53.8% success rate. Kidron covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Progress Software. ;'>

Zscaler has an analyst consensus of Strong Buy, with a price target consensus of $194.71, which is a 59.6% upside from current levels. In a report issued on June 1, Guggenheim also upgraded the stock to Buy with a $214.00 price target.

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