Mizuho Maintains Buy on Zscaler, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Buy rating on Zscaler (NASDAQ:ZS) but lowers the price target from $240 to $220.

May 31, 2024 | 12:51 pm
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NEUTRAL IMPACT
Mizuho analyst Gregg Moskowitz maintains a Buy rating on Zscaler but lowers the price target from $240 to $220.
The Buy rating suggests continued confidence in Zscaler's performance, but the lowered price target indicates some caution about its short-term prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100