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Zscaler Posts Q1 Beat: 8 Analysts Express Concern Around CFO Retirement, Guidance

Benzinga ·  Dec 4 01:16

Zscaler Inc(NASDAQ:ZS) shares tanked in early trading on Tuesday, even after the company reported upbeat fiscal first-quarter results.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

  • Scotiabank analyst Patrick Colville reaffirmed a Sector Outperform rating, while raising the price target from $195 to $205.
  • JMP Securities analyst Trevor Walsh maintained a Market Outperform rating, while lowering the price target from $270 to $240.
  • BMO Capital Markets analyst Keith Bachman reiterated an Outperform rating, while raising the price target from $197 to $222.
  • Oppenheimer analyst Ittai Kidron reiterated an Outperform Buy rating, while lifting the price...
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