Zscaler Inc (ZS) Receives a Buy from Credit Suisse


In a report released today, Brad Zelnick from Credit Suisse maintained a Buy rating on Zscaler Inc (NASDAQ: ZS), with a price target of $46. The company’s shares closed yesterday at $44.07.

According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 10.7% and a 71.4% success rate. Zelnick covers the Technology sector, focusing on stocks such as Ultimate Software, Salesforce.com, and Everbridge Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Zscaler Inc with a $39 average price target.

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The company has a one-year high of $48.24 and a one-year low of $24.76. Currently, Zscaler Inc has an average volume of 1.58M.

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Zscaler, Inc. provides cloud-based Internet security platform. It offers security products such as web security, Cloud Sandboxing and firewall, and Zcaler private access. The company also offers Security Cloud, a comprehensive, carrier-grade internet security, and compliance platform.

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