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Analysts Have Conflicting Sentiments on These Technology Companies: Tyler Technologies (TYL), Cloudflare (NET) and Zscaler (ZS)

Tipranks - Thu Jun 11, 5:32AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Tyler Technologies (TYL), Cloudflare (NET) and Zscaler (ZS).

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Tyler Technologies (TYL)

Needham analyst Joshua Reilly maintained a Buy rating on Tyler Technologies today and set a price target of $400.00. The company’s shares closed last Tuesday at $308.92.

According to TipRanks.com, Reilly is a 4-star analyst with an average return of 5.8% and a 43.3% success rate. Reilly covers the Technology sector, focusing on stocks such as Zoom Video Communications, ZoomInfo Technologies, and Clear Secure. ;'>

Tyler Technologies has an analyst consensus of Strong Buy, with a price target consensus of $429.42, representing a 44.5% upside. In a report issued on May 29, TipRanks – PerPlexity also upgraded the stock to Buy with a $353.00 price target.

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Cloudflare (NET)

TD Cowen analyst Shaul Eyal reiterated a Buy rating on Cloudflare today and set a price target of $265.00. The company’s shares closed last Tuesday at $236.13.

According to TipRanks.com, Eyal is a 5-star analyst with an average return of 15.2% and a 59.0% success rate. Eyal covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Tenable Holdings. ;'>

Cloudflare has an analyst consensus of Moderate Buy, with a price target consensus of $4083.87, which is a 1560.8% upside from current levels. In a report issued on May 26, TipRanks – PerPlexity also upgraded the stock to Buy with a $241.00 price target.

Zscaler (ZS)

In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on Zscaler. The company’s shares closed last Tuesday at $125.84.

According to TipRanks.com, Powell is a 5-star analyst with an average return of 10.1% and a 56.2% success rate. Powell covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $196.91 average price target, implying a 53.7% upside from current levels. In a report issued on May 25, TipRanks – Google also downgraded the stock to Hold with a $200.00 price target.

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