Evercore ISI Group Maintains Outperform on Zscaler, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Peter Levine has maintained an Outperform rating on Zscaler (NASDAQ:ZS) and increased the price target from $200 to $215.
November 28, 2023 | 6:09 pm
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POSITIVE IMPACT
Evercore ISI Group has reaffirmed its Outperform rating on Zscaler and raised the price target to $215, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Evercore ISI Group typically suggests a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100