Barclays raised the firm’s price target on Zscaler (ZS) to $290 from $275 and keeps an Overweight rating on the shares. The company beat fiscal Q3 billings by $25M, which flows through to the fiscal 2025 guide, the analyst tells investors in a research note. The firm likes Zscaler’s fundamental setup into next year.
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Read More on ZS:
- Zscaler downgraded to Neutral from Overweight at Piper Sandler
- Zscaler: Hold Rating Amidst Impressive Performance and Elevated Stock Price
- Zscaler Reports Strong Q3 Growth Amid Strategic Expansions
- Closing Bell Movers: Gap down 15%, Elastic off by 11% on earnings
- Zscaler Appoints Kevin Rubin as New CFO
