zSpace (NASDAQ:ZSPC) Rating Increased to Strong-Buy at Northland Capmk

Northland Capmk upgraded shares of zSpace (NASDAQ:ZSPC) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Other analysts have also recently issued reports about the company. Roth Capital set a $20.00 target price on shares of zSpace in a research note on Monday, February 3rd. Barrington Research reiterated an “outperform” rating and set a $11.00 price objective (down from $18.00) on shares of zSpace in a research report on Monday. Roth Mkm initiated coverage on zSpace in a report on Monday, February 3rd. They set a “buy” rating and a $20.00 price target on the stock. Finally, Northland Securities upgraded shares of zSpace from a “market perform” rating to an “outperform” rating and decreased their target price for the company from $20.00 to $10.00 in a research report on Monday. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $15.25.

zSpace Trading Up 0.7 %

Shares of ZSPC opened at $7.46 on Monday. zSpace has a 12-month low of $5.25 and a 12-month high of $32.69. The stock’s fifty day moving average price is $14.08.

Institutional Investors Weigh In On zSpace

An institutional investor recently bought a new position in zSpace stock. Jane Street Group LLC purchased a new position in shares of zSpace, Inc. (NASDAQ:ZSPC) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 22,621 shares of the company’s stock, valued at approximately $359,000. Jane Street Group LLC owned 0.10% of zSpace as of its most recent filing with the Securities and Exchange Commission (SEC).

About zSpace

zSpace Technologies, Inc is a provider of commercial augmented reality and virtual reality technology principally in the education market. The Company offers differentiated hardware along with learning software modules for K-12 science, technology, engineering, game design and mathematics applications, as well as workforce-oriented career and technical education applications.