Citigroup Maintains Buy on Zscaler, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Buy rating on Zscaler but lowers the price target from $240 to $230.

October 04, 2024 | 7:05 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup's analyst Fatima Boolani maintains a Buy rating on Zscaler, but lowers the price target from $240 to $230, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in Zscaler's performance, but the lowered price target indicates a tempered outlook, possibly due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100