Skip to main content

Analysts’ Opinions Are Mixed on These Technology Stocks: Roadzen Inc (RDZN), NICE (NICE) and RingCentral (RNG)

Tipranks - Sat Feb 21, 7:16AM CST

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Roadzen Inc (RDZNResearch Report), NICE (NICEResearch Report) and RingCentral (RNGResearch Report).

President's Day Sale - 70% Off

Roadzen Inc (RDZN)

In a report released yesterday, Allen Klee from Maxim Group reiterated a Buy rating on Roadzen Inc, with a price target of $5.00. The company’s shares closed last Thursday at $1.29, close to its 52-week low of $0.71.

According to TipRanks.com, Klee is ranked 0 out of 5 stars with an average return of -12.5% and a 30.0% success rate. Klee covers the Technology sector, focusing on stocks such as Orangekloud Technology Inc. Class A, Intelligent Protection Management, and Health In Tech, Inc. Class A. ;'>

Currently, the analyst consensus on Roadzen Inc is a Moderate Buy with an average price target of $5.00.

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

NICE (NICE)

Wedbush analyst Daniel Ives maintained a Hold rating on NICE today and set a price target of $120.00. The company’s shares closed last Thursday at $111.55.

According to TipRanks.com, Ives is a 5-star analyst with an average return of 13.4% and a 52.9% success rate. Ives covers the Technology sector, focusing on stocks such as International Business Machines, Onestream, Inc. Class A, and Palantir Technologies. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NICE with a $144.17 average price target, a 35.5% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $125.00 price target.

RingCentral (RNG)

Mizuho Securities analyst Siti Panigrahi maintained a Hold rating on RingCentral today and set a price target of $32.00. The company’s shares closed last Thursday at $29.39.

According to TipRanks.com, Panigrahi has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -4.0% and a 42.7% success rate. Panigrahi covers the Technology sector, focusing on stocks such as Zoom Video Communications, Onestream, Inc. Class A, and ZoomInfo Technologies. ;'>

Currently, the analyst consensus on RingCentral is a Moderate Buy with an average price target of $33.25, a 14.3% upside from current levels. In a report released today, UBS also maintained a Hold rating on the stock with a $32.00 price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.