Zscaler (ZS) May weekly option implied volatility into quarter results

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Zscaler (ZS) PT Lowered to $200 at Cantor Fitzgerald

May 31, 2024 6:36 AM EDT

Cantor Fitzgerald analyst Jonathan Ruykhaver lowered the price target on Zscaler (NASDAQ: ZS) to $200.00 (from $230.00) while maintaining a Neutral rating.

The analyst comments "We reiterate our Neutral rating and moderate our price target to $200 from $230 in line with the peer-group average trading multiple following a... More

Zscaler (ZS) PT Raised to $230 at RBC Capital

May 31, 2024 6:14 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Zscaler (NASDAQ: ZS) to $230.00 (from $215.00) while maintaining a Outperform rating.

The analyst comments "Against negative investor sentiment, the quarter was one of the better ones we've seen in what is a choppy software... More

BofA Securities Reiterates Buy Rating on Zscaler (ZS)

May 31, 2024 5:48 AM EDT

BofA Securities analyst Tal Liani reiterated a Buy rating and $265.00 price target on Zscaler (NASDAQ: ZS)

The analyst comments "We continue to carefully monitor the companys trends, especially given the strong billings performance. We highlight that about 50% of the quarters YoY... More

Zscaler (ZS) PT Lowered to $220 at BTIG

May 31, 2024 4:43 AM EDT

BTIG analyst Gray Powerll lowered the price target on Zscaler (NASDAQ: ZS) to $220.00 (from $258.00) while maintaining a Buy rating.

The analyst comments "ZS delivered exceptional FQ3/April results and increased its outlook for FY24. Most notably, ZS posted billings of $628MM / +30% y/y in FQ324 vs our and Street estimates of $584MM / 21.0%. In addition, operating income and FCF were substantially above street estimates. And the updated... More