Stifel Maintains Buy on Zscaler, Raises Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg has maintained a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $185 to $205.
November 14, 2023 | 6:05 pm
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POSITIVE IMPACT
Stifel analyst Adam Borg reaffirmed a Buy rating on Zscaler and raised the price target to $205, indicating a positive outlook on the stock.
The increase in price target by Stifel reflects a bullish sentiment on Zscaler's future performance. This can positively influence investor perception and potentially lead to a short-term increase in the stock price as the market reacts to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100