Zscaler shares are trading higher after Susquehanna initiated coverage on the stock with a Positive rating and announced a $275 price target.
Portfolio Pulse from Benzinga Newsdesk
Zscaler Inc.'s stock (ZS) is trading higher following an initiation of coverage by Susquehanna with a Positive rating and a price target of $275.
December 15, 2023 | 3:56 pm
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POSITIVE IMPACT
Susquehanna initiated coverage on Zscaler Inc. with a Positive rating and a price target of $275, which is above the current trading price, indicating a bullish outlook.
Analyst ratings, especially from reputable firms like Susquehanna, can significantly influence investor sentiment and stock prices. A Positive rating combined with a high price target suggests an expectation of strong performance, which can lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100