Canaccord Genuity Maintains Buy on Zscaler, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley maintains a Buy rating on Zscaler (NASDAQ:ZS) and raises the price target from $155 to $160.
June 02, 2023 | 10:33 am
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Canaccord Genuity maintains Buy rating on Zscaler and raises price target from $155 to $160.
The news of Canaccord Genuity maintaining a Buy rating and raising the price target for Zscaler (NASDAQ:ZS) from $155 to $160 is positive for the stock. This indicates that the analyst has a positive outlook on the company's performance and potential growth, which could lead to an increase in demand for the stock and a potential rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100