JP Morgan Maintains Neutral on Zscaler, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has maintained a Neutral rating on Zscaler (NASDAQ:ZS) and increased the price target from $174 to $190.
November 14, 2023 | 6:54 pm
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JP Morgan has maintained a Neutral rating on Zscaler and raised the price target from $174 to $190.
The increase in price target by JP Morgan suggests a positive outlook on Zscaler's future performance, which could lead to a short-term increase in the stock price. However, the Neutral rating indicates that the analyst believes the stock is fairly valued at its current price, which may temper the impact of the price target increase.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100