Cantor Fitzgerald Reiterates Neutral on Zscaler, Maintains $185 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee has reiterated a Neutral rating on Zscaler (NASDAQ:ZS) and maintained a price target of $185.
January 31, 2024 | 6:16 pm
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Cantor Fitzgerald analyst Yi Fu Lee reaffirmed a Neutral rating on Zscaler with a price target of $185.
The reiteration of a Neutral rating and maintenance of the price target by a notable analyst is likely to have a neutral short term impact on Zscaler's stock price. It suggests that the analyst's view on the company has not changed significantly, and the current price target has been deemed appropriate based on their analysis. Investors may view this as a confirmation of the stock's current valuation, leading to a stable short term outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100