Barclays Upgrades Zscaler to Overweight, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia has upgraded Zscaler (NASDAQ:ZS) from Equal-Weight to Overweight and raised the price target from $176 to $190.
October 09, 2023 | 8:57 am
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POSITIVE IMPACT
Zscaler's stock rating has been upgraded to Overweight from Equal-Weight by Barclays, with a raised price target of $190, up from $176.
The upgrade from Barclays is a positive signal for Zscaler. It indicates that the analyst believes the company's stock will outperform the market, which could lead to an increase in its stock price. The raised price target also suggests a higher future value for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100