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Zscaler price target raised to $355 from $310 at Citizens JMP

Citizens JMP raised the firm’s price target on Zscaler (ZS) to $355 from $310 and keeps an Outperform rating on the shares. The firm came away from investor meetings incrementally positive on Zscaler and believes the company will forge ahead on its path of demonstrated execution, while operating at a high level of growth, scale, and profitability, the analyst tells investors in a research note.

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