RBC Capital Maintains Outperform on Zscaler, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Zscaler (NASDAQ:ZS) and raises the price target from $155 to $162.
June 02, 2023 | 11:23 am
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Zscaler and raises the price target from $155 to $162.
RBC Capital's maintained Outperform rating and increased price target for Zscaler indicate a positive outlook for the stock. This news is likely to have a positive impact on ZS's stock price in the short term as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100