JP Morgan Maintains Neutral Rating for Zscaler: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
JP Morgan has maintained its Neutral rating for Zscaler (NASDAQ:ZS) and increased its price target from $146.00 to $155.00. Zscaler's shares are currently trading down 0.44% at $135.05 per share. The new price target would represent a 14.77% increase from the current share price.
August 18, 2023 | 5:00 pm
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JP Morgan has maintained its Neutral rating for Zscaler and raised its price target. This could potentially lead to a 14.77% increase in Zscaler's share price.
JP Morgan, a major financial institution, has maintained its Neutral rating for Zscaler and raised its price target. This indicates that they believe the company's stock is fairly valued at the moment, but they see potential for growth in the future. This could lead to increased investor confidence and a potential increase in Zscaler's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100