Loop Capital Maintains Hold on Zscaler, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a Hold rating on Zscaler (NASDAQ:ZS) but lowers the price target from $225 to $180.
May 31, 2024 | 6:22 pm
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Loop Capital analyst Yun Kim maintains a Hold rating on Zscaler but lowers the price target from $225 to $180.
The lowered price target from $225 to $180 by Loop Capital suggests a less optimistic outlook for Zscaler's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100