Rosenblatt analyst Catharine Trebnick upgraded Zscaler (ZS) to Buy from Neutral with a $235 price target after the company’s “strong” Q2 report. Zscaler’s latest results exceeded expectations, driven by improving billings growth and margin expansion, notes the analyst, who believes the company can sustain durable growth given improvements in go-to-market, sales productivity, and broader platform momentum.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler price target raised to $240 from $235 at Citi
- Zscaler price target raised to $210 from $190 at Wells Fargo
- Zscaler’s Strong Q2 Performance and Strategic AI Focus Justify Buy Rating
- Zscaler price target raised to $250 from $240 at JPMorgan
- Zscaler’s Strong Financial Performance and Strategic Positioning Drive Buy Rating
Questions or Comments about the article? Write to editor@tipranks.com