Cybersecurity firm Zscaler's shares fall on dour annual forecasts

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Go back to Cybersecurity firm Zscaler's shares fall on dour annual forecasts

Zscaler (ZS) PT Lowered to $238 at Bernstein SocGen Group

September 5, 2024 5:28 AM EDT

Bernstein SocGen Group analyst Peter Weed lowered the price target on Zscaler (NASDAQ: ZS) to $238.00 (from $270.00) while maintaining a Outperform rating.

The analyst comments "Zscalers FQ424 delivered an expanding beat, with revenue coming in >4% above consensus (larger than the 3%+ beats the prior two... More

Goldman Sachs Reiterates Neutral Rating on Zscaler (ZS)

September 4, 2024 7:44 AM EDT

Goldman Sachs analyst Gabriela Borges reiterated a Neutral rating and $177.00 price target on Zscaler (NASDAQ: ZS).

The analyst comments "Zscaler is indicated -12% AH post 4QFY EPS. Management guided for FY25 billings growth of 19-20% yoy, 1% above the Street; guidance for revenue... More