Analysts offer information on tech companies: Zillow Group Class A (NASDAQ: ZG) and PagerDuty (NYSE: PD)
There is cause for optimism in the technology sector, as 2 analysts have just voted on the class A of the Zillow group (ZG – Research report) and PagerDuty (PD – Research report) with bullish feelings.
Zillow Class A Group (ZG)
In a report released on June 24, Brad Erickson of RBC Capital maintained a Buy rating on Zillow Group Class A, with a target price of $ 155.00. The company’s shares closed last Friday at $ 118.96.
According to TipRanks.com, Erickson is a 5-star analyst with an average return of 45.7% and a success rate of 69.8%. Erickson covers the tech sector, focusing on stocks such as Squarespace, Inc. Class A, Fiverr International and Uber Technologies.
The word on The Street in general suggests a moderate buy analyst consensus rating for Zillow Group Class A with an average price target of $ 172.62, which is up 41.0%. In a report released on June 18, BTIG also maintained a buy rating on the stock with a price target of $ 202.00.
Pager Service (PD)
RBC Capital Analyst Matthew Hedberg maintained a Buy rating on PagerDuty on June 25 and set a target price of $ 50.00. The company’s shares closed last Friday at $ 45.11.
According to TipRanks.com, Hedberg is among the Top 100 Analysts with an average return of 32.7% and a success rate of 77.8%. Hedberg covers the technology sector, focusing on stocks such as SailPoint Technologies Holdings, Zoom Video Communications and Duck Creek Technologies.
PagerDuty has an analyst consensus from Strong Buy, with a target price consensus of $ 54.00, which is up 20.0%. In a report released on June 14, Monness also maintained a buy rating on the stock with a price target of $ 59.00.
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