Analysts Praise Zscaler, Salesforce, and JFrog with Bullish Sentiments
Three technology companies have received bullish sentiments from analysts, suggesting a strong outlook for their stocks. Zscaler (ZS) has been maintained as a Buy by Adam Borg from Stifel Nicolaus, with a price target of $200.00. According to TipRanks.com, Borg is a 5-star analyst with an average return of 17.4% and a 66.4% success rate.
The company's shares have been upgraded to Buy by PerPlexity on August 20, with a price target of $205.00. The general consensus on the street suggests a Strong Buy rating for Zscaler, with an average price target of $206.77, implying a 16.3% upside from current levels.
Salesforce (CRM) has also received a positive review from analysts, with J. Parker Lane from Stifel Nicolaus maintaining a Buy rating and setting a price target of $275.00. The company's shares have been maintained as a Buy by Barclays on August 20, with a price target of $236.00.
JFrog (FROG) has been maintained as a Buy by Stifel Nicolaus analyst Brad Reback, with a price target of $102.00. The company's shares have an analyst consensus of Strong Buy, with a price target consensus of $111.95, implying a 23.6% upside from current levels.