Analysts Offer Insights on Technology Companies: Zscaler (ZS), Marvell (MRVL) and HubSpot (HUBS)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Zscaler (ZS), Marvell (MRVL) and HubSpot (HUBS) with bullish sentiments.
Zscaler (ZS)
Cantor Fitzgerald analyst Jonathan Ruykhaver reiterated a Buy rating on Zscaler yesterday and set a price target of $275.00. The company’s shares closed last Tuesday at $212.25, close to its 52-week high of $217.84.
According to TipRanks.com, Ruykhaver is a top 100 analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $228.60 average price target, representing an 8.7% upside. In a report issued on September 24, TipRanks – Anthropic also upgraded the stock to Buy with a $242.00 price target.
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Marvell (MRVL)
In a report released yesterday, Harsh Kumar from BMO Capital reiterated a Buy rating on Marvell, with a price target of $325.00. The company’s shares closed last Tuesday at $287.01.
According to TipRanks.com, Kumar is a top 25 analyst with an average return of
Marvell has an analyst consensus of Strong Buy, with a price target consensus of $338.72, which is a 24.9% upside from current levels. In a report issued on September 22, Seaport Global also initiated coverage with a Buy rating on the stock with a $270.00 price target.
HubSpot (HUBS)
Canaccord Genuity analyst David Hynes reiterated a Buy rating on HubSpot today and set a price target of $300.00. The company’s shares closed last Tuesday at $217.09.
According to TipRanks.com, Hynes ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on HubSpot is a Moderate Buy with an average price target of $251.48, implying a 14.5% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $300.00 price target.
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