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Analysts Offer Insights on Technology Companies: KLA (KLAC), Block (SQ) and Zillow Group Class C (Z)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on KLA (KLACResearch Report), Block (SQResearch Report) and Zillow Group Class C (ZResearch Report) with bullish sentiments.

KLA (KLAC)

In a report issued on June 17, Vedvati Shrotre from Jefferies maintained a Buy rating on KLA, with a price target of $423.00. The company’s shares closed last Friday at $311.93, close to its 52-week low of $287.44.

Currently, the analyst consensus on KLA is a Moderate Buy with an average price target of $419.60, a 34.8% upside from current levels. In a report issued on June 16, Wells Fargo also maintained a Buy rating on the stock with a $400.00 price target.

See the top stocks recommended by analysts >>

Block (SQ)

In a report released today, Trevor Williams from Jefferies maintained a Buy rating on Block, with a price target of $120.00. The company’s shares closed last Friday at $58.51, close to its 52-week low of $56.01.

According to TipRanks.com, Williams is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -17.9% and a 11.1% success rate. Williams covers the Technology sector, focusing on stocks such as Fidelity National Info, Global Payments, and WEX.

Block has an analyst consensus of Strong Buy, with a price target consensus of $144.14, which is a 156.4% upside from current levels. In a report issued on June 15, Credit Suisse also maintained a Buy rating on the stock with a $170.00 price target.

Zillow Group Class C (Z)

Jefferies analyst John Colantuoni maintained a Buy rating on Zillow Group Class C yesterday and set a price target of $50.00. The company’s shares closed last Friday at $29.27, close to its 52-week low of $28.61.

According to TipRanks.com, Colantuoni is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -26.8% and a 20.3% success rate. Colantuoni covers the Consumer Goods sector, focusing on stocks such as ACV Auctions, Mercadolibre, and Carvana Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zillow Group Class C with a $50.50 average price target.

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