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Zscaler price target raised to $275 from $250 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Zscaler (ZS) to $275 from $250 and keeps an Overweight rating on the shares ahead of the Q3 earnings report. Cantor sees sustained demand for enterprise Secure Access Service Edge solutions and a long growth runway powered by Zero Trust Everywhere platform consolidation, emerging products, and expansion among large customers, the analyst tells investors in a research note.

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