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Analysts Offer Insights on Technology Companies: AeroVironment (AVAV) and Zscaler (ZS)

Analysts have been eager to weigh in on the Technology sector with new ratings on AeroVironment (AVAVResearch Report) and Zscaler (ZSResearch Report).

AeroVironment (AVAV)

Robert W. Baird analyst Peter Arment maintained a Hold rating on AeroVironment yesterday and set a price target of $95.00. The company’s shares closed last Thursday at $82.36.

According to TipRanks.com, Arment is a 4-star analyst with an average return of 6.2% and a 53.7% success rate. Arment covers the Technology sector, focusing on stocks such as Spirit AeroSystems, Maxar Technologies, and General Dynamics.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AeroVironment with a $97.50 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Zscaler (ZS)

Mizuho Securities analyst Gregg Moskowitz reiterated a Buy rating on Zscaler yesterday and set a price target of $210.00. The company’s shares closed last Thursday at $162.76, close to its 52-week low of $125.12.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 16.5% and a 58.0% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $210.92 average price target, which is a 39.1% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $185.00 price target.

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