Zscaler's Market-Leading Position in Zero Trust Initiatives, Impressive AI Integration: Analysts Take on Future Growth
Portfolio Pulse from Anusuya Lahiri
Analysts from Needham and JMP Securities reiterated their bullish stance on Zscaler Inc (NASDAQ:ZS) following the company's annual Zenith Live event. The event showcased Zscaler's impressive AI integration and market-leading position in zero trust initiatives, as well as new products and capabilities. Needham analyst Alex Henderson set a $210 price target, while JMP Securities analyst Trevor Walsh set a $225 price target.
June 20, 2023 | 6:58 pm
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Zscaler's annual Zenith Live event showcased its market-leading position in zero trust initiatives and impressive AI integration. Needham and JMP Securities analysts reiterated their bullish stance on the stock.
The Zenith Live event showcased Zscaler's strong position in the market, with new products and capabilities, as well as impressive AI integration. This has led to analysts from Needham and JMP Securities reiterating their bullish stance on the stock, setting price targets of $210 and $225 respectively. This positive outlook is likely to have a short-term positive impact on Zscaler's stock price.
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