Zscaler price target raised to $360 from $310 at Scotiabank

Scotiabank raised the firm’s price target on Zscaler (ZS) to $360 from $310 and keeps an Outperform rating on the shares. Based on information gained at the Zenith live 2025 event, the firm believes Zscaler continues to be the undisputed leader in SAS and is staying a nice job ahead of competition, the analyst tells investors. Additionally, the firm believes there is still a large opportunity for existing customers to expand.

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