Zscaler shares slip following conservative annual billings guidance

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Go back to Zscaler shares slip following conservative annual billings guidance

Zscaler (ZS) PT Raised to $200 at BMO Capital

November 28, 2023 6:25 AM EST

BMO Capital analyst Keith Bachman raised the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $195.00) while maintaining an Outperform rating.

The analyst commented, "ZS reported a reasonable quarter across the board, though ~4pts of billings growth upside was perhaps less than investors... More