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Analysts Offer Insights on Technology Companies: AvePoint (AVPT) and Zoom Video Communications (ZM)

Tipranks - Tipranks - Tue Jul 7, 7:50AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on AvePoint (AVPT) and Zoom Video Communications (ZM) with bullish sentiments.

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AvePoint (AVPT)

In a report issued on July 2, Rudy Kessinger from D.A. Davidson maintained a Buy rating on AvePoint, with a price target of $18.00. The company’s shares closed last Thursday at $11.46.

According to TipRanks.com, Kessinger is a 5-star analyst with an average return of 16.0% and a 58.3% success rate. Kessinger covers the Technology sector, focusing on stocks such as Intellicheck Mobilisia, CrowdStrike Holdings, and Rubrik, Inc. Class A. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AvePoint with a $16.55 average price target, which is a 45.8% upside from current levels. In a report issued on July 1, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $13.00 price target.

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Zoom Video Communications (ZM)

Rosenblatt Securities analyst Catharine Trebnick maintained a Buy rating on Zoom Video Communications on July 2. The company’s shares closed last Thursday at $87.15, close to its 52-week high of $92.80.

According to TipRanks.com, Trebnick is a 1-star analyst with an average return of -0.8% and a 46.5% success rate. Trebnick covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Varonis Systems. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zoom Video Communications with a $115.06 average price target, a 28.9% upside from current levels. In a report issued on June 29, RBC Capital also maintained a Buy rating on the stock with a $130.00 price target.

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