JMP Securities Maintains Market Outperform on Zscaler, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh has maintained a Market Outperform rating on Zscaler (NASDAQ:ZS) and increased the price target from $225 to $270.
January 31, 2024 | 6:41 pm
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POSITIVE IMPACT
JMP Securities analyst Trevor Walsh has reaffirmed Zscaler's Market Outperform rating and raised the price target from $225 to $270, indicating a positive outlook on the stock.
The increase in price target by JMP Securities suggests a strong conviction in Zscaler's future performance. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price, as it implies an expectation of growth or positive developments within the company.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100