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Analysts Have Conflicting Sentiments on These Technology Companies: Microstrategy (MSTR), Cloudflare (NET) and Zillow Group Class A (ZG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Microstrategy (MSTRResearch Report), Cloudflare (NETResearch Report) and Zillow Group Class A (ZGResearch Report).

Microstrategy (MSTR)

In a report issued on August 3, Mark Palmer from BTIG reiterated a Buy rating on Microstrategy, with a price target of $950.00. The company’s shares closed last Thursday at $309.31.

According to TipRanks.com, Palmer is a 5-star analyst with an average return of 7.6% and a 51.0% success rate. Palmer covers the Financial sector, focusing on stocks such as International Money Express, Mogo Finance Technology, and Silvergate Capital.

Microstrategy has an analyst consensus of Moderate Buy, with a price target consensus of $500.67, which is a 56.5% upside from current levels. In a report issued on August 2, Canaccord Genuity also maintained a Buy rating on the stock with a $372.00 price target.

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

Cloudflare (NET)

In a report released yesterday, Gray Powell from BTIG maintained a Hold rating on Cloudflare. The company’s shares closed last Thursday at $58.43, close to its 52-week low of $38.96.

According to TipRanks.com, Powell is a 4-star analyst with an average return of 7.4% and a 52.9% success rate. Powell covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.

Currently, the analyst consensus on Cloudflare is a Moderate Buy with an average price target of $89.07, which is a 55.1% upside from current levels. In a report issued on July 22, Citigroup also maintained a Hold rating on the stock with a $60.00 price target.

Zillow Group Class A (ZG)

In a report released yesterday, Jake Fuller from BTIG maintained a Hold rating on Zillow Group Class A. The company’s shares closed last Thursday at $38.13, close to its 52-week low of $28.76.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 5.0% and a 49.3% success rate. Fuller covers the Technology sector, focusing on stocks such as Opendoor Technologies, IAC/InteractiveCorp., and WM Technology.

Zillow Group Class A has an analyst consensus of Hold, with a price target consensus of $41.50.

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