Truist Securities Maintains Buy on Zscaler, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Ki Bin Kim has reaffirmed a Buy rating on Zscaler (NASDAQ:ZS) and increased the price target from $205 to $230.
January 16, 2024 | 7:22 pm
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Truist Securities analyst Ki Bin Kim maintains a Buy rating on Zscaler and raises the price target from $205 to $230, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong conviction in Zscaler's growth prospects and performance. This positive analyst rating is likely to influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100