Cantor Fitzgerald Maintains Neutral on Zscaler, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Jonathan Ruykhaver has maintained a Neutral rating on Zscaler (NASDAQ:ZS) and increased the price target from $170 to $185.
November 28, 2023 | 1:58 pm
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POSITIVE IMPACT
Cantor Fitzgerald has maintained a Neutral rating on Zscaler but raised the price target from $170 to $185, indicating a potential upside from the current price level.
The increase in price target by Cantor Fitzgerald suggests that the analyst sees potential for Zscaler's stock price to rise, which could positively influence investor sentiment in the short term. However, the Neutral rating indicates that the analyst does not see significant catalysts for a more aggressive investment stance at this time.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100