JP Morgan Maintains Neutral on Zscaler, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains a Neutral rating on Zscaler (NASDAQ:ZS) and raises the price target from $146 to $155.
August 18, 2023 | 11:05 am
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NEUTRAL IMPACT
JP Morgan maintains a Neutral rating on Zscaler and raises the price target from $146 to $155. This could potentially influence investor sentiment and the stock's price.
The raised price target by JP Morgan indicates a positive outlook for Zscaler. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 6-12 months. This could influence investor sentiment and potentially impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100