Morgan Stanley Maintains Equal-Weight on Zscaler, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Equal-Weight rating on Zscaler (NASDAQ:ZS) and raises the price target from $145 to $155.

September 29, 2023 | 12:33 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Equal-Weight rating on Zscaler and raises the price target from $145 to $155. This could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Zscaler. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100