zSpace (NASDAQ:ZSPC) Stock Rating Upgraded by Northland Securities

zSpace (NASDAQ:ZSPC) was upgraded by analysts at Northland Securities from a “market perform” rating to an “outperform” rating in a research note issued on Monday, MarketBeat Ratings reports. The firm currently has a $10.00 price objective on the stock, down from their previous price objective of $20.00. Northland Securities’ target price would indicate a potential upside of 34.05% from the stock’s previous close.

A number of other analysts also recently weighed in on ZSPC. Northland Capmk upgraded zSpace to a “hold” rating in a research report on Wednesday, February 19th. Roth Capital set a $20.00 price objective on shares of zSpace in a research note on Monday, February 3rd. Roth Mkm started coverage on shares of zSpace in a research report on Monday, February 3rd. They set a “buy” rating and a $20.00 price target for the company. Finally, Barrington Research started coverage on zSpace in a report on Monday, March 3rd. They issued 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 assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $15.25.

zSpace Trading Up 0.7 %

ZSPC stock opened at $7.46 on Monday. The stock has a 50 day moving average of $14.08. zSpace has a 1-year low of $5.25 and a 1-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 stake in shares of zSpace, Inc. (NASDAQ:ZSPC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 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 SEC filing.

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.