Bernstein analyst Peter Weed raised the firm’s price target on Zscaler (ZS) to $251 from $244 and keeps an Outperform rating on the shares. The firm notes Zscaler’s Q3 earnings demonstrated strong resilience in the face of macro pressure with a +$12M revenue beat, and full year raise of even more.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler’s Strong Financial Performance and Strategic Growth Drive Buy Rating
- Zscaler: Strong Performance and Growth Amidst Competitive Market Dynamics Justifies Hold Rating
- Zscaler price target raised to $315 from $260 at UBS
- Zscaler price target raised to $310 from $290 at KeyBanc
- Zscaler’s Strong Performance and Promising Prospects Highlighted by Robust Growth and Strategic Acquisitions