Mizuho Reiterates Neutral Rating on Zscaler (ZS)

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Go back to Mizuho Reiterates Neutral Rating on Zscaler (ZS)

Zscaler (ZS) PT Raised to $235 at Citi

December 3, 2024 7:03 AM EST

Citi analyst Fatima Boolani raised the price target on Zscaler (NASDAQ: ZS) to $235.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "FY25 billings and rev guidance is raised ~0.6pt/~1pt at the midpoint, largely reflecting the F1Q25 beat. Here, F2Q25E billings guide (implied $719M, up ~15% YoY, at the midpoint) is largely unchanged as the company now... More