Wedbush Maintains Outperform on Zscaler, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Zscaler but lowers the price target from $260 to $220.
September 04, 2024 | 3:50 pm
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NEUTRAL IMPACT
Wedbush analyst Daniel Ives maintains an Outperform rating on Zscaler but lowers the price target from $260 to $220, indicating a positive outlook but with adjusted expectations.
The Outperform rating suggests a positive outlook for Zscaler, but the lowered price target indicates adjusted expectations, which may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100