RBC Capital analyst Matthew Hedberg raised the firm’s price target on Zscaler (ZS) to $304 from $288 and keeps an Outperform rating on the shares. The company reported strong results with outperformance across the board against high investor expectations, and its macro environment “remains consistent” with no noticeable impact from tariffs, the analyst tells investors in a research note. Zscaler’s broader platform momentum continues to accelerate, RBC added.
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