Macquarie Maintains Neutral on Zscaler, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Macquarie analyst Frederick Havemeyer maintains a Neutral rating on Zscaler (NASDAQ:ZS) and raises the price target from $135 to $160.
September 06, 2023 | 5:08 pm
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NEUTRAL IMPACT
Macquarie has maintained a Neutral rating on Zscaler and raised the price target from $135 to $160.
The news is directly about Zscaler and is likely to impact its stock price. However, as the rating is Neutral, the impact may not be significant. The increase in price target could be seen as a positive signal, but it's not a strong buy or sell recommendation.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100