Skip to main content
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.

Analysts Have Conflicting Sentiments on These Technology Companies: Globant SA (GLOB), Nerdy (NRDY) and Zoom Video Communications (ZM)

Tipranks - Sat Feb 28, 2:28AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on Globant SA (GLOBResearch Report), Nerdy (NRDYResearch Report) and Zoom Video Communications (ZMResearch Report).

Claim 50% Off TipRanks Premium

Globant SA (GLOB)

In a report released today, Bryan Keane from Citi maintained a Hold rating on Globant SA, with a price target of $55.00. The company’s shares closed last Thursday at $46.87.

According to TipRanks.com, Keane is a 4-star analyst with an average return of 4.4% and a 52.8% success rate. Keane covers the Technology sector, focusing on stocks such as Automatic Data Processing, Fidelity National Info, and Bill.com Holdings. ;'>

Globant SA has an analyst consensus of Moderate Buy, with a price target consensus of $71.75, representing a 60.3% upside. In a report issued on February 19, Wells Fargo also maintained a Hold rating on the stock with a $68.00 price target.

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

Nerdy (NRDY)

In a report released today, Ryan MacDonald from Needham reiterated a Buy rating on Nerdy, with a price target of $2.00. The company’s shares closed last Thursday at $0.93, close to its 52-week low of $0.73.

According to TipRanks.com, MacDonald has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.6% and a 36.7% success rate. MacDonald covers the Technology sector, focusing on stocks such as ODDITY Tech Ltd. Class A, Waystar Holding Corp., and Duolingo. ;'>

Nerdy has an analyst consensus of Hold, with a price target consensus of $2.00.

Zoom Video Communications (ZM)

In a report released yesterday, Timothy Horan from Oppenheimer maintained a Hold rating on Zoom Video Communications. The company’s shares closed last Thursday at $75.54.

According to TipRanks.com, Horan is a 5-star analyst with an average return of 8.7% and a 58.4% success rate. Horan covers the Technology sector, focusing on stocks such as Extreme Networks, Ondas Holdings, and RingCentral. ;'>

Zoom Video Communications has an analyst consensus of Moderate Buy, with a price target consensus of $99.72, which is a 26.2% upside from current levels. In a report released yesterday, TipRanks – Anthropic also downgraded the stock to Hold with a $93.00 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.