Zscaler shares are trading lower after Wells Fargo downgraded the stock from Overweight to Equal-Weight.
Portfolio Pulse from Benzinga Newsdesk
Zscaler shares are trading lower after Wells Fargo downgraded the stock from Overweight to Equal-Weight.
May 28, 2024 | 1:12 pm
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NEGATIVE IMPACT
Zscaler shares are experiencing a decline following a downgrade by Wells Fargo from Overweight to Equal-Weight.
The downgrade by a major financial institution like Wells Fargo is likely to negatively impact investor sentiment and lead to a short-term decline in Zscaler's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100