Baird raised the firm’s price target on Zscaler (ZS) to $360 from $350 and keeps an Outperform rating on the shares. The firm updated its estimates following strong beat and raise Q1 results anchored in solid execution and Flex momentum.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZS:
- Zscaler’s Strong Performance and Strategic Growth Drive Buy Rating Amidst Conservative ARR Guidance
- Zscaler price target lowered to $310 from $325 at Mizuho
- Zscaler’s Strong Financial Performance and Strategic Growth Justify Buy Rating
- Zscaler price target raised to $354 from $351 at JPMorgan
- Zscaler price target lowered to $340 from $350 at UBS