Cantor Fitzgerald Maintains Neutral on Zscaler, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains a Neutral rating on Zscaler (NASDAQ:ZS) and raises the price target from $185 to $250.

February 12, 2024 | 2:28 pm
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Cantor Fitzgerald has maintained a Neutral rating on Zscaler but increased the price target from $185 to $250.
The increase in price target from $185 to $250 by Cantor Fitzgerald, while maintaining a Neutral rating, suggests a positive reassessment of Zscaler's valuation without changing the overall investment stance. This adjustment could lead to increased investor interest and potentially a short-term positive impact on Zscaler's stock price, as the market adjusts to the new valuation benchmark.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100