Wedbush Maintains Outperform on Zscaler, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Zscaler (NASDAQ:ZS) and increased the price target from $185 to $210.
November 28, 2023 | 2:54 pm
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Wedbush analyst Daniel Ives has reaffirmed Zscaler's Outperform rating and raised the price target from $185 to $210, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. This can lead to increased investor confidence and a short-term rise in the stock price.
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