JPMorgan raised the firm’s price target on Zscaler to $155 from $146 and keeps a Neutral rating on the shares. The analyst see the “most attractive tactical near-term setups into earnings” for Zscaler (ZS) and SentinelOne (S). While Security is not immune from issues that pressure the broader software universe, performance remains reliant on proactive pipeline management, execution, and sales efficiency to get deals “over the goal line,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ZS:
- Zscaler to Host Fourth Quarter and Fiscal Year 2023 Earnings Conference Call
- Zscaler COO sells $3.46M in common stock
- Zscaler call volume above normal and directionally bullish
- Zscaler VPN Report Finds Nearly Half of Organizations Are Concerned About Enterprise Security Due to Unsafe VPNs
- Disney downgraded, Meta Platforms upgraded: Wall Street’s top analyst calls