Stephens & Co. Maintains Overweight on Zscaler, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Brian Colley has maintained an Overweight rating on Zscaler (NASDAQ:ZS) and increased the price target from $200 to $225, indicating a positive outlook on the company's stock.
November 28, 2023 | 3:32 pm
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POSITIVE IMPACT
Stephens & Co. analyst reaffirms Overweight rating on Zscaler and raises price target to $225, suggesting confidence in the company's future performance.
The increase in price target by Stephens & Co. reflects a positive assessment of Zscaler's prospects, which is likely to be viewed favorably by investors. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100