2020-09-10 06:39:12 ZS Zscaler
09/10/20 09/1006:39 09/10/2006:39 | Zscaler price target raised to $155 from $137 at BMO CapitalBMO Capital analyst Keith Bachman raised the firm's price target on Zscaler to $155 from $137 but keeps a Market Perform rating on the shares. The company reported a "very strong" Q4, but its FY21 margin guidance of 7.5% was "disappointing", the analyst tells investors in a research note. Bachman adds however that Zscaler's growth metrics and market potential still outweigh the "relatively weak margin guidance," but he sees his neutral rating on the stock warranted by its valuation. |
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