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Zscaler price target raised to $300 from $260 at Truist

Truist raised the firm’s price target on Zscaler (ZS) to $300 from $260 and keeps a Buy rating on the shares. The company reported a solid Q3, driven by improving sales productivity and lower attrition, as well as growing customer demand for the platform, in particular Zero Trust Everywhere, Data Security Everywhere, and Agentic Operations solutions, the analyst tells investors in a research note.

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