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

Northland Securities upgraded shares of zSpace (NASDAQ:ZSPC) from a market perform rating to an outperform rating in a research note released on Monday, Marketbeat reports. They currently have $10.00 price target on the stock, down from their prior price target of $20.00.

ZSPC has been the subject of a number of other reports. Northland Capmk upgraded shares of zSpace to a “hold” rating in a research report on Wednesday, February 19th. Roth Mkm initiated coverage on shares of zSpace in a report on Monday, February 3rd. They issued a “buy” rating and a $20.00 price target for the company. Barrington Research initiated coverage on shares of zSpace in a research report on Monday, March 3rd. They set an “outperform” rating and a $18.00 price target for the company. Finally, Roth Capital set a $20.00 price objective on zSpace in a research note on Monday, February 3rd. Three equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $15.25.

zSpace Stock Performance

Shares of ZSPC opened at $8.78 on Monday. zSpace has a 52-week low of $5.25 and a 52-week high of $32.69. The business’s 50-day moving average is $14.00.

Hedge Funds Weigh In On zSpace

An institutional investor recently bought a new position in zSpace stock. Jane Street Group LLC acquired a new position in shares of zSpace, Inc. (NASDAQ:ZSPC) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund 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.