Morgan Stanley Maintains Equal-Weight on Zscaler, Raises Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained an Equal-Weight rating on Zscaler while raising the price target from $202 to $215.
August 26, 2024 | 12:43 pm
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Morgan Stanley has maintained an Equal-Weight rating on Zscaler and increased the price target from $202 to $215, indicating a positive outlook.
The increase in price target from $202 to $215 by Morgan Stanley suggests a positive outlook for Zscaler, which could lead to a short-term increase in stock price. The maintained Equal-Weight rating indicates a balanced view, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100