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Analysts Offer Insights on Technology Companies: Texas Instruments (TXN) and Zscaler (ZS)

Tipranks - Tipranks - Thu Jun 11, 1:00AM CDT

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Texas Instruments (TXN) and Zscaler (ZS) with bullish sentiments.

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Texas Instruments (TXN)

Citi analyst Atif Malik maintained a Buy rating on Texas Instruments on June 8. The company’s shares closed last Tuesday at $288.63.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 50.6% and a 80.2% success rate. Malik covers the Technology sector, focusing on stocks such as Cerebras Systems, Inc. Class A, Advanced Micro Devices, and Keysight Technologies. ;'>

Currently, the analyst consensus on Texas Instruments is a Moderate Buy with an average price target of $292.84, a -1.7% downside from current levels. In a report issued on May 24, Seaport Global also upgraded the stock to Buy with a $400.00 price target.

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Zscaler (ZS)

Robert W. Baird analyst Shrenik Kothari maintained a Buy rating on Zscaler yesterday and set a price target of $230.00. The company’s shares closed last Tuesday at $125.84.

According to TipRanks.com, Kothari is a 5-star analyst with an average return of 20.8% and a 66.0% success rate. Kothari covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on Zscaler is a Strong Buy with an average price target of $196.91, a 53.7% upside from current levels. In a report issued on May 25, TipRanks – PerPlexity also upgraded the stock to Buy with a $208.00 price target.

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