Piper Sandler Upgrades Zscaler to Overweight, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens has upgraded Zscaler (NASDAQ:ZS) from Neutral to Overweight and raised the price target from $160 to $190.
October 02, 2023 | 9:00 am
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POSITIVE IMPACT
Zscaler has been upgraded from Neutral to Overweight by Piper Sandler, and its price target has been raised from $160 to $190.
The upgrade from Neutral to Overweight indicates that the analyst believes Zscaler's stock will outperform the market or its sector in the short term. The increase in price target from $160 to $190 suggests that the analyst sees significant upside potential for the stock. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100