Analysts Offer Insights on Technology Companies: Nvidia (NVDA) and Zoom Video Communications (ZM)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nvidia (NVDA – Research Report) and Zoom Video Communications (ZM – Research Report) with bullish sentiments.
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Nvidia (NVDA)
William Blair analyst Sebastien Naji reiterated a Buy rating on Nvidia today and set a price target of $260.00. The company’s shares closed last Wednesday at $195.56.
According to TipRanks.com, Naji is a 3-star analyst with an average return of
Currently, the analyst consensus on Nvidia is a Strong Buy with an average price target of $267.48, a 37.6% upside from current levels. In a report issued on February 23, Aletheia Capital also upgraded the stock to Buy with a $250.00 price target.
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Zoom Video Communications (ZM)
In a report released today, Arjun Bhatia from William Blair maintained a Buy rating on Zoom Video Communications. The company’s shares closed last Wednesday at $85.43.
According to TipRanks.com, Bhatia has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Currently, the analyst consensus on Zoom Video Communications is a Strong Buy with an average price target of $101.73, implying a 17.2% upside from current levels. In a report issued on February 13, RBC Capital also maintained a Buy rating on the stock with a $110.00 price target.
