Barclays Upgrades Zscaler (ZS) to Overweight, 'We Like the Secular Growth'

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Barclays downgrades Tenable Holdings as it repositions for secular growth, raises 'leader' Zscaler

October 9, 2023 1:52 PM EDT

In separate notes on Monday, Barclays analyst Saket Kalia upgraded Zscaler (NASDAQ: ZS) to Overweight and downgraded shares of Tenable Holdings, Inc. (NASDAQ: TENB) to Equal Weight.

Kalia told investors the firm is upgrading ZS and lifting the price target to $190 from $176 as they like the... More