Companies in the Technology sector have received a lot of coverage today as analysts weigh in on ZoomInfo Technologies (ZI – Research Report), Sprout Social (SPT – Research Report) and Nerdy (NRDY – Research Report).
ZoomInfo Technologies (ZI)
Needham analyst Joshua Reilly maintained a Buy rating on ZoomInfo Technologies today and set a price target of $25.00. The company’s shares closed last Tuesday at $16.02.
According to TipRanks.com, Reilly is a 3-star analyst with an average return of
Currently, the analyst consensus on ZoomInfo Technologies is a Moderate Buy with an average price target of $19.76, which is a 19.4% upside from current levels. In a report issued on April 26, Wells Fargo also maintained a Buy rating on the stock with a $28.00 price target.
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Sprout Social (SPT)
In a report released today, Matthew VanVliet from BTIG downgraded Sprout Social to Hold. The company’s shares closed last Tuesday at $27.09, close to its 52-week low of $26.88.
According to TipRanks.com, VanVliet ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Sprout Social has an analyst consensus of Moderate Buy, with a price target consensus of $52.00, which is an 82.5% upside from current levels. In a report issued on May 2, KeyBanc also downgraded the stock to Hold.
Nerdy (NRDY)
In a report released today, Bryan Smilek from J.P. Morgan maintained a Buy rating on Nerdy, with a price target of $5.00. The company’s shares closed last Tuesday at $2.65, close to its 52-week low of $2.31.
According to TipRanks.com, Smilek is ranked #5710 out of 8824 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Nerdy with a $4.66 average price target.
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