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Analysts Offer Insights on Technology Companies: Coherent Corp (COHR), Zscaler (ZS) and Ferrotec Holdings (OtherFRRZF)

Tipranks - Tipranks - Fri Jun 12, 6:52AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Coherent Corp (COHR), Zscaler (ZS) and Ferrotec Holdings (FRRZF) with bullish sentiments.

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Coherent Corp (COHR)

J.P. Morgan analyst Samik Chatterjee reiterated a Buy rating on Coherent Corp today. The company’s shares closed last Wednesday at $354.77.

According to TipRanks.com, Chatterjee is a top 25 analyst with an average return of 51.3% and a 73.3% success rate. Chatterjee covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, Hewlett Packard Enterprise, and Keysight Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Coherent Corp with a $385.07 average price target, which is an 8.9% upside from current levels. In a report issued on May 27, TipRanks – PerPlexity also upgraded the stock to Buy with a $446.00 price target.

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

Zscaler (ZS)

In a report released today, Junaid Siddiqui from Truist Financial reiterated a Buy rating on Zscaler, with a price target of $200.00. The company’s shares closed last Wednesday at $124.73.

According to TipRanks.com, Siddiqui is a 5-star analyst with an average return of 19.8% and a 67.3% success rate. Siddiqui 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 $194.71 average price target, which is a 57.0% upside from current levels. In a report issued on May 27, TipRanks – OpenAI also upgraded the stock to Buy with a $204.00 price target.

Ferrotec Holdings (FRRZF)

Morgan Stanley analyst Yoshihito Hasegawa maintained a Buy rating on Ferrotec Holdings today and set a price target of Yen13000.00. The company’s shares closed last Monday at $38.65.

Hasegawa has an average return of 34.5% when recommending Ferrotec Holdings. ;'>

According to TipRanks.com, Hasegawa is ranked #1266 out of 12286 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ferrotec Holdings with a $81.00 average price target.

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