In a report released today, Jonathan Ruykhaver from Robert W. Baird reiterated a Buy rating on Zscaler Inc (ZS), with a price target of $65. The company’s shares closed yesterday at $63.47.
According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 25.4% and a 77.3% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Carbon Black Inc, and Varonis Systems.
Currently, the analyst consensus on Zscaler Inc is a Moderate Buy with an average price target of $60.25.
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The company has a one-year high of $72.94 and a one-year low of $24.76. Currently, Zscaler Inc has an average volume of 2.03M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.
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Zscaler, Inc. provides cloud-based internet security platform. It specializes in Zscaler internet access, threat prevention, data protection, and Zscaler private access. Its services also include enterprise network security which offers integration point positioned in the data path providing secure access to the internet, cloud, and internal applications.
