Morgan Stanley Maintains Equal-Weight on Zscaler, Raises Price Target to $214
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala has maintained an Equal-Weight rating on Zscaler (NASDAQ:ZS) and increased the price target from $195 to $214.
February 26, 2024 | 4:21 pm
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Morgan Stanley has maintained an Equal-Weight rating on Zscaler but raised the price target from $195 to $214.
The increase in price target by a reputable analyst like Hamza Fodderwala from Morgan Stanley suggests a positive outlook on Zscaler's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100