Barclays Maintains Overweight on Zscaler, Lowers Price Target to $205
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Zscaler (NASDAQ:ZS) but lowers the price target from $240 to $205.
May 20, 2024 | 1:24 pm
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NEUTRAL IMPACT
Barclays analyst Saket Kalia maintains an Overweight rating on Zscaler but lowers the price target from $240 to $205.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100