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Zscaler price target raised to $320 from $290 at Evercore ISI

Evercore ISI raised the firm’s price target on Zscaler (ZS) to $320 from $290 and keeps an Outperform rating on the shares after the company wrapped up the year “on a high note” by beating expectations with its fiscal Q4 results and initial FY26 guidance. The company’s “robust” go-to-market strategy, strong momentum and growth trajectory support the firm’s long-term thesis, the analyst tells investors.

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