Deutsche Bank analyst Brad Zelnick raised the firm’s price target on Zscaler to $185 from $155 and keeps a Buy rating on the shares. Zscaler reported strong fiscal Q4 results in what remains a challenging backdrop, the analyst tells investors in a research note. The firm believes Zscaler will continue capturing its fair share of the “significant and underpenetrated” opportunities ahead in SASE and zero trust security.
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