Analysts Offer Insights on Technology Companies: Envestnet (ENV), Open Lending (LPRO) and Zscaler (ZS)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Envestnet (ENV – Research Report), Open Lending (LPRO – Research Report) and Zscaler (ZS – Research Report) with bullish sentiments.

Envestnet (ENV)

JMP Securities analyst Devin Ryan reiterated a Buy rating on Envestnet today and set a price target of $101.00. The company’s shares closed last Thursday at $71.70.

According to TipRanks.com, Ryan is a 5-star analyst with an average return of 21.2% and a 65.2% success rate. Ryan covers the Financial sector, focusing on stocks such as Sixth Street Specialty Lending, Perella Weinberg Partners, and Pennantpark Floating Rate.

Currently, the analyst consensus on Envestnet is a Hold with an average price target of $89.00.

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Open Lending (LPRO)

JMP Securities analyst David Scharf maintained a Buy rating on Open Lending today and set a price target of $28.00. The company’s shares closed last Thursday at $16.70, close to its 52-week low of $15.93.

According to TipRanks.com, Scharf is a 5-star analyst with an average return of 19.6% and a 60.0% success rate. Scharf covers the Financial sector, focusing on stocks such as Atlanticus Holdings, Synchrony Financial, and Enova International.

Currently, the analyst consensus on Open Lending is a Strong Buy with an average price target of $29.20.

Zscaler (ZS)

JMP Securities analyst Trevor J. Walsh maintained a Buy rating on Zscaler today and set a price target of $350.00. The company’s shares closed last Thursday at $263.38.

According to TipRanks.com, Walsh is a 2-star analyst with an average return of 0.0% and a 0.0% success rate. Walsh covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zscaler with a $371.96 average price target, implying a 63.4% upside from current levels. In a report issued on February 22, Canaccord Genuity also maintained a Buy rating on the stock with a $320.00 price target.

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