zSpace (NASDAQ:ZSPC) Rating Increased to Outperform at Northland Securities

zSpace (NASDAQ:ZSPC) was upgraded by analysts at Northland Securities from a “market perform” rating to an “outperform” rating in a report issued on Monday,Briefing.com Automated Import reports. The firm currently has a $10.00 price target on the stock, down from their prior price target of $20.00. Northland Securities’ price target would suggest a potential upside of 22.10% from the stock’s previous close.

Several other equities analysts also recently weighed in on ZSPC. Roth Capital set a $20.00 price target on shares of zSpace in a research note on Monday, February 3rd. Northland Capmk raised shares of zSpace to a “hold” rating in a research note on Wednesday, February 19th. Roth Mkm began coverage on zSpace in a research report on Monday, February 3rd. They issued a “buy” rating and a $20.00 price target for the company. Finally, Barrington Research began coverage on zSpace in a research report on Monday, March 3rd. They set an “outperform” rating and a $18.00 price objective on the stock. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $17.00.

zSpace Price Performance

NASDAQ ZSPC opened at $8.19 on Monday. The company has a fifty day moving average price of $14.32. zSpace has a one year low of $5.25 and a one year high of $32.69.

Institutional Trading of zSpace

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

zSpace Company Profile

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.