Zscaler (ZS) option IV flat

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Go back to Zscaler (ZS) option IV flat

This cybersecurity stock can meet and exceed 'easy 1H setup', Jefferies says

November 27, 2024 4:00 PM EST

Jefferies highlighted a cybersecurity stock as being well-positioned to meet and potentially exceed its conservative guidance for fiscal Q1 billings growth and reiterated a Buy rating on the stock.

The firm raised its price target for Zscaler (NASDAQ: ZS) to $245 per share in the note on Wednesday.

"ZS can meet the conservative F1Q billings guide of 10% year-over-year [growth]," the analysts wrote,... More