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Analysts Offer Insights on Technology Companies: Corpay Inc (CPAY), Zscaler (ZS) and Cloudflare (NET)

Tipranks - Tipranks - Thu Jun 11, 6:04AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Corpay Inc (CPAY), Zscaler (ZS) and Cloudflare (NET).

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Corpay Inc (CPAY)

Morgan Stanley analyst Michael Infante maintained a Buy rating on Corpay Inc today and set a price target of $400.00. The company’s shares closed last Tuesday at $357.84.

According to TipRanks.com, Infante is a 3-star analyst with an average return of 6.6% and a 73.1% success rate. Infante covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Q2 Holdings, and Flywire. ;'>

Corpay Inc has an analyst consensus of Strong Buy, with a price target consensus of $394.20, representing a 12.9% upside. In a report issued on June 3, Wolfe Research also maintained a Buy rating on the stock with a $450.00 price target.

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

Zscaler (ZS)

In a report released today, Meta Marshall from Morgan Stanley maintained a Hold rating on Zscaler, with a price target of $145.00. The company’s shares closed last Tuesday at $125.84.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 4.5% and a 54.5% success rate. Marshall covers the Technology sector, focusing on stocks such as Keysight Technologies, 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, a 53.7% upside from current levels. In a report issued on May 26, TipRanks – Google also downgraded the stock to Hold with a $200.00 price target.

Cloudflare (NET)

Needham analyst Mike Cikos maintained a Buy rating on Cloudflare today and set a price target of $280.00. The company’s shares closed last Tuesday at $236.13.

According to TipRanks.com, Cikos is a 5-star analyst with an average return of 11.0% and a 54.3% success rate. Cikos covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cloudflare with a $4085.17 average price target, representing a 1561.3% upside. In a report issued on May 26, TipRanks – PerPlexity also upgraded the stock to Buy with a $241.00 price target.

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