Piper Sandler Maintains Overweight on Zscaler, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens has maintained an Overweight rating on Zscaler (NASDAQ:ZS) and increased the price target from $190 to $220.

November 28, 2023 | 4:59 pm
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POSITIVE IMPACT
Piper Sandler has reaffirmed Zscaler's Overweight rating and raised the price target to $220, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a bullish outlook on Zscaler, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Overweight rating indicates that the analyst believes Zscaler will outperform the market or its sector, further supporting the positive impact on the stock.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100