Wedbush raised the firm’s price target on Zscaler to $260 from $250 and keeps an Outperform rating on the shares. Zscaler’s Q2 results featured “impressive” top and bottom line beats as the company moves forward with momentum in the zero trust space while maintaining effective margin discipline, the analyst tells investors in a research note.
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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on ZS:
- ZS Earnings: Zscaler Declines Despite Better-than-Expected Fiscal Q2 Results
- Zscaler Reports Second Quarter Fiscal 2024 Financial Results
- Options Volatility and Implied Earnings Moves Today, February 29, 2024
- Zscaler (ZS) Q2 Earnings Cheat Sheet
- Zscaler price target raised to $240 from $212 at JPMorgan