Needham Reiterates Strong Buy on Zscaler, Maintains $290 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson reiterates a Strong Buy rating on Zscaler (NASDAQ:ZS) and maintains a $290 price target.

March 01, 2024 | 12:45 pm
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Needham analyst Alex Henderson reiterates a Strong Buy rating on Zscaler with a $290 price target.
The reiteration of a Strong Buy rating and a high price target by a reputable analyst like Alex Henderson from Needham is likely to instill confidence among investors and could lead to a positive short-term impact on Zscaler's stock price. Analyst ratings, especially with a strong buy recommendation, often influence investor sentiment and can lead to increased buying activity.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100