Scotiabank Maintains Zscaler (ZS) Outperform Recommendation
Fintel reports that on September 6, 2023, Scotiabank maintained coverage of Zscaler (NASDAQ:ZS) with a Outperform recommendation.
Analyst Price Forecast Suggests 12.15% Upside
As of August 31, 2023, the average one-year price target for Zscaler is 177.58. The forecasts range from a low of 121.20 to a high of $266.70. The average price target represents an increase of 12.15% from its latest reported closing price of 158.35.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Zscaler is 1,574MM, a decrease of 2.66%. The projected annual non-GAAP EPS is 1.28.
- For more in-depth coverage of Zscaler, view the free, crowd-sourced company research report on Finpedia.
What is the Fund Sentiment?
There are 1011 funds or institutions reporting positions in Zscaler. This is a decrease of 55 owner(s) or 5.16% in the last quarter. Average portfolio weight of all funds dedicated to ZS is 0.29%, an increase of 12.87%. Total shares owned by institutions decreased in the last three months by 3.86% to 75,207K shares. The put/call ratio of ZS is 1.00, indicating a bearish outlook.