Jun. 1 at 5:30 PM
Guggenheim upgraded Zscaler
$ZS to Buy from Neutral with a
$214 price target. The firm calls Zscaler a “trust me story,” but argues the current valuation offers an attractive entry point into a category leader in a still nascent, hyper growth market.
Guggenheim adds that Zscaler’s relevance should increase in the AI era, particularly among C suite executives who are prioritizing Zero Trust security.
Check what Fly KPIs trends are signaling for Zscaler.
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