Canaccord Genuity Maintains Buy on Zscaler, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Walkley maintains a 'Buy' rating on Zscaler (NASDAQ:ZS) and raises the price target from $160 to $172.
August 22, 2023 | 1:24 pm
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Zscaler's price target has been raised from $160 to $172 by Canaccord Genuity, which maintains a 'Buy' rating on the stock.
The raised price target indicates that Canaccord Genuity has a positive outlook on Zscaler's future performance. This could potentially lead to an increase in investor confidence and a short-term rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100