Zscaler (ZS): New Buy Recommendation for This Technology Giant

Stephens analyst Brian Colley maintained a Buy rating on Zscaler (ZS – Research Report) today and set a price target of $200.00. The company’s shares closed today at $154.25.

Colley covers the Technology sector, focusing on stocks such as Everbridge, CrowdStrike Holdings, and Genasys. According to TipRanks, Colley has an average return of -0.6% and a 52.00% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Zscaler with a $212.15 average price target, representing a 37.54% upside. In a report released on September 6, Needham also maintained a Buy rating on the stock with a $185.00 price target.

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The company has a one-year high of $376.11 and a one-year low of $125.12. Currently, Zscaler has an average volume of 2.01M.

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Zscaler, Inc., formerly known as SafeChannel Inc., is a cloud-based security solutions provider. The company offers a full range of enterprise network security solutions including internet security, web security, vulnerability management, firewalls, antivirus, and control over user activity in mobile, cloud computing, and Internet of Things environments.

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