Zscaler's Third Quarter Earnings Analysis and Stock Price Projection Update
Tuesday, 4 June 2024, 10:45
Zscaler Q3 Earnings Showcase Strong Performance
Zscaler's third quarter financial results have received strong accolades from the market, highlighting the company's operational efficiency and growth trajectory.
Analysts Adjust Price Target
Although the Q3 results were impressive, Canaccord revised the stock price target downward to $220, while maintaining their buy rating, signaling a cautious optimism among analysts.
Investor Reaction
Investors are closely monitoring Zscaler's stock post earnings announcement to assess the potential impact of the adjusted price target on the company's valuation.
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