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Zscaler price target raised by $20 at Rosenblatt, here’s why

Rosenblatt raised the firm’s price target on Zscaler to $245 from $225 and keeps a Buy rating on the shares after hosting a conversation with Zscaler’s CEO, Chairman, and Co-Founder Jay Chaudhry and coming away from the talks with increased conviction in the company’s ability to outperform expectations.

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