BTIG Maintains Buy on Zscaler, Raises Price Target to $229
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gray Powell has reaffirmed a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $191 to $229, indicating a positive outlook on the company's stock.
November 22, 2023 | 3:49 pm
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BTIG analyst Gray Powell maintains a Buy rating on Zscaler and raises the price target to $229, suggesting confidence in the company's future performance.
The increase in price target by BTIG reflects a bullish stance on Zscaler's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price. Analyst ratings and price target adjustments are significant factors that investors consider when making investment decisions.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100