Zscaler (ZS) PT Raised to $430 at Deutsche Bank

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Zscaler (ZS) PT Raised to $400 at FBN Securities

December 1, 2021 11:45 AM EST

FBN Securities analyst Shelby Seyrafi raised the price target on Zscaler (NASDAQ: ZS) to $400.00 (from $320.00) while maintaining a Outperform rating following results.

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Zscaler (ZS) PT Raised to $365 at Piper Sandler

December 1, 2021 9:10 AM EST

Piper Sandler analyst Ron Owens raised the price target on Zscaler (NASDAQ: ZS) to $365.00 (from $285.00) while maintaining a Neutral rating.

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Zscaler (ZS) PT Raised to $400 at Canaccord Genuity

December 1, 2021 8:16 AM EST

Canaccord Genuity analyst Michael Walkley raised the price target on Zscaler (NASDAQ: ZS) to $400.00 (from $340.00) while maintaining a Buy rating following results.

The analyst commented, "Zscaler reported strong Q1 results with revenue, billings, and profitability all ahead of our/Street estimates. Key positives from the print included: (1) Billings grew 70%+ for the... More

Zscaler (ZS) Stock Soars on FQ1 Beat and Strong Sales Guidance, Prompts 12 Analysts to Hike PTs

December 1, 2021 7:28 AM EST

Shares of Zscaler (NASDAQ: ZS) are trading 6% higher in pre-open Wednesday after the company reported better-than-expected FQ1 results and guided higher.

ZS reported EPS of $0.14 to top the analyst estimate of $0.12. Revenue for the quarter came in at $230.5 million versus the consensus estimate of $208.43 million.

"CISOs and CIOs are looking to phase out legacy network security in favor of zero trust architecture, due to increasing cyber and ransomware risks and accelerating digital transformation. This architecture shift continues to drive strong demand for our Zero Trust... More