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Analysts Offer Insights on Technology Companies: Paycom (PAYC) and Zscaler (ZS)

Tipranks - Thu Feb 12, 9:22PM CST

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

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Paycom (PAYC)

TD Cowen analyst Jared Levine maintained a Buy rating on Paycom yesterday and set a price target of $137.00. The company’s shares closed last Wednesday at $118.71.

According to TipRanks.com, Levine is ranked #11574 out of 12109 analysts.

Currently, the analyst consensus on Paycom is a Moderate Buy with an average price target of $179.11, a 43.3% upside from current levels. In a report issued on February 1, TipRanks – Google also upgraded the stock to Buy with a $150.00 price target.

See the top stocks recommended by analysts >>

Zscaler (ZS)

In a report released yesterday, Catharine Trebnick from Rosenblatt Securities maintained a Buy rating on Zscaler, with a price target of $280.00. The company’s shares closed last Wednesday at $171.00.

According to TipRanks.com, Trebnick has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.2% and a 38.9% success rate. Trebnick covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $319.76 average price target, representing an 82.1% upside. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $250.00 price target.

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