There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Zendesk (ZEN – Research Report) and Domo (DOMO – Research Report) with bullish sentiments.
Zendesk (ZEN)
In a report released today, Patrick Walravens from JMP Securities maintained a Buy rating on Zendesk, with a price target of $193.00. The company’s shares closed last Thursday at $57.95, close to its 52-week low of $54.16.
According to TipRanks.com, Walravens is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zendesk with a $116.00 average price target, which is a 102.4% upside from current levels. In a report issued on June 10, Stifel Nicolaus also maintained a Buy rating on the stock with a $100.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Domo (DOMO)
JMP Securities analyst Peter Lowry maintained a Buy rating on Domo today and set a price target of $59.00. The company’s shares closed last Thursday at $30.86, close to its 52-week low of $23.01.
According to TipRanks.com, Lowry is ranked #2442 out of 7895 analysts.
Currently, the analyst consensus on Domo is a Strong Buy with an average price target of $73.00.
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