Baird lowered the firm’s price target on Zscaler (ZS) to $265 from $300 and keeps an Outperform rating on the shares. The firm updated its model following solid Q2 results but where seasonality and mix are adding noise to an otherwise de-risked 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler price target lowered to $260 from $340 at UBS
- Zscaler: Buy Rating on Accelerating AI Security Growth, Strengthening ARR, and Attractive Valuation
- Zscaler price target lowered to $275 from $340 at Canaccord
- Zscaler price target lowered to $250 from $267 at JPMorgan
- Zscaler price target lowered to $185 from $260 at Piper Sandler