Zscaler (ZS) PT Raised to $215 at Morgan Stanley

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Guggenheim Reiterates Neutral Rating on Zscaler (ZS)

August 27, 2024 5:18 AM EDT

Guggenheim 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 $230 at Barclays

August 26, 2024 6:18 AM EDT

Barclays analyst Saket Kalia raised the price target on Zscaler (NASDAQ: ZS) to $230.00 (from $210.00) while maintaining a Overweight rating.

The analyst comments "ZS reports earnings on Tues, Sept 3rd after the close - we see upside to 4Q billings on healthy checks & seasonal... More