UBS raised the firm’s price target on Zscaler (ZS) to $260 from $250 and keeps a Buy rating on the shares. UBS tells investors in a research note that the 3% beat on Q2 billings and more confidence in the unchanged guidance for the second half is “good enough.”
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Read More on ZS:
- Zscaler price target raised to $240 from $230 at Wedbush
- Zscaler price target raised to $244 from $238 at Bernstein
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- Zscaler price target raised to $250 from $240 at Baird