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Analysts Are Bullish on Top Technology Stocks: NetApp (NTAP), Zscaler (ZS)

Tipranks - Sat Feb 28, 12:36AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on NetApp (NTAPResearch Report) and Zscaler (ZSResearch Report) with bullish sentiments.

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NetApp (NTAP)

TD Cowen analyst Krish Sankar maintained a Buy rating on NetApp today and set a price target of $130.00. The company’s shares closed last Thursday at $99.14.

According to TipRanks.com, Sankar is a top 100 analyst with an average return of 42.5% and a 65.2% success rate. Sankar covers the Technology sector, focusing on stocks such as ARM Holdings PLC ADR, Ultra Clean Holdings, and SkyWater Technology. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NetApp with a $114.76 average price target, implying an 11.2% upside from current levels. In a report issued on February 19, J.P. Morgan also maintained a Buy rating on the stock with a $125.00 price target.

See the top stocks recommended by analysts >>

Zscaler (ZS)

In a report released today, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Zscaler, with a price target of $265.00. The company’s shares closed last Thursday at $167.36.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 13.4% and a 57.6% success rate. Kothari covers the Technology sector, focusing on stocks such as Interlink Electronics, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $269.16 average price target, representing a 68.7% upside. In a report issued on February 13, Bernstein also upgraded the stock to Buy with a $228.00 price target.

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