JP Morgan Upgrades Zscaler to Overweight, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has upgraded Zscaler (NASDAQ:ZS) from Neutral to Overweight and raised the price target from $205 to $230.
June 14, 2024 | 11:41 am
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JP Morgan analyst Brian Essex has upgraded Zscaler from Neutral to Overweight and raised the price target from $205 to $230.
An upgrade from a major financial institution like JP Morgan typically signals strong confidence in the company's future performance. The raised price target to $230 suggests potential upside, likely leading to positive short-term price movement for Zscaler.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100