Zscaler (ZS) PT Raised to $85 at BofA Securities

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Go back to Zscaler (ZS) PT Raised to $85 at BofA Securities

Zscaler (ZS) PT Raised to $80 but Cowen Becomes Cautious on Valuation

May 26, 2020 6:33 AM EDT

Cowen analyst Nick Yako raised the price target on Zscaler (NASDAQ: ZS) to $80.00 (from $70.00) ahead of F3Q20 results but remains cautious due to recent outperformance and valuation.

The analyst maintained an Outperform rating, stating "with shares up 65% YTD and trading at... More