Zscaler (ZS) PT Raised to $230 at Barclays
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Guggenheim Reiterates Neutral Rating on Zscaler (ZS)
August 27, 2024 5:18 AM EDTGuggenheim analyst John DiFucci reiterated a Neutral rating on Zscaler (NASDAQ: ZS).
The analyst comments "We expect ZS will exceed current F4Q total revenue Street estimates as it implies mid-single digit New ACV growth off an easy comp, and guide F1Q25 and FY25 total revenue above the Street. We also expect ZS to exceed F4Q billings as consensus implies a lower sequential acceleration of growth than each of the prior three years, but remain cautious on where... More
Zscaler (ZS) PT Raised to $215 at Morgan Stanley
August 26, 2024 6:19 AM EDTMorgan Stanley analyst Hamza Fodderwala raised the price target on Zscaler (NASDAQ: ZS) to $215.00 (from $202.00) while maintaining a Equalweight rating.
The analyst comments "We lean slightly positive ZS ahead of FQ4 results given beatable estimates, largely favorable checks on demand and stable competitive... More
