Zscaler shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight and raised its price target from $160 to $190.
Portfolio Pulse from Bill Haddad
Piper Sandler has upgraded Zscaler's stock from Neutral to Overweight and raised its price target from $160 to $190. This has resulted in Zscaler shares trading higher.
October 02, 2023 | 6:26 pm
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POSITIVE IMPACT
Zscaler's stock has been upgraded by Piper Sandler from Neutral to Overweight, with a raised price target from $160 to $190. This has led to an increase in Zscaler's share price.
The upgrade from Piper Sandler is a positive signal to investors, indicating increased confidence in Zscaler's performance. The raised price target suggests that Piper Sandler expects the stock to outperform, which could attract more investors and drive the share price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100