Jefferies Upgrades Zscaler to Buy, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Joseph Gallo has upgraded Zscaler (NASDAQ:ZS) from Hold to Buy and raised the price target from $170 to $225.
October 19, 2023 | 10:10 am
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Zscaler has been upgraded from Hold to Buy by Jefferies analyst Joseph Gallo, with a price target increase from $170 to $225.
The upgrade from Hold to Buy indicates a positive outlook for Zscaler by Jefferies. The increase in price target from $170 to $225 suggests that the analyst expects the stock to perform well in the short term. This could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100